In July, most of the Chinese stainless steel mills cut the bidding price for ferrochrome and also altered the payment items about the payment cycle, which impelled ferrochrome producers to hesitate for chrome ore purchase. However, the stockpiles on the Chines...

In the beginning of July, the spot prices of nickel ores in China dropped by RMB30/wet mt with prices as follows, Nickel ore with Ni 1.6% at RMB630-650/wet mt, Ni1.7% at RMB690-720/wet mt, Ni1.8% at RMB790-810/wet mt, Ni1.9% at RMB840-860/wet mt, Ni2.0% at RMB...

At the beginning of July, ex-work price including tax of ferronickel (Ni 1.6-1.8%) dropped RMB150/mt to RMB3200-3250/mt due to oversupply and softened demand.

Supply of Silicon Metal Remained Quite Tight with Rising Price in China

This week magnesium ingot producers had low level of spot materials and the general supply and demand relationship remained steady. Mainstream Shaanxi Mg99.90% price remaining

This week many steel mills began to release bids for July ferrosilicon in China, with mainstream steel mills as HBIS and Shagang Group included. HBIS and Shagang Group both increased purchase volume by around 400 mt for July delivery.

[Ferro-Alloys.com] Chinese FeV price kept steady, but the deals were slim. Next round of tenders from steel mills didn’t occur, most participants waiting for the market first.

[Ferro-Alloys.com] Chinese FeMo60 price dropped to RMB98,000-99,000/mt (USD16,065-16,229/mt, export duty excluded) by acceptance.