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[Ferro-Alloys.com]In recent period, ex-work price of silicon manganese in Ningxia and Gansu areas of China quoted at RMB5,300/mt, RMB5,300-5,400/mt in some producers of InnerMongolia and Shanxi, and around RMB5,650-5,700/mt in south areas.

[Ferro-Alloys.com]TISCO started its tender of high-carbon ferrochrome last week for April, and the new tender price is supposed to remain the same from the previous month as the other major stainless steel makers failed to increase their new tender prices in A...

[Ferro-Alloys.com]The production rate of high-carbon ferrochrome in South China kept rising, which will increase the demand for chrome ores.

[Ferro-Alloys.com]As bidding price of steelmakers on manganese alloys come to surface, the performance of alloys would still hard to optimistic. Given continued falling sale, the confidence of alloy producers become to wane gradually.

Sharp downturn in the Price of Chinese Imported Mn Ore Failed to Stop (Apr06th –Apr10th )

This week the medium and high grade nickel ores price further declined along with the weaker LME Ni price. On Apr.10th, the nickel ores stock slightly increased by 50thousand tons to 17.95million tons.

Along with the recovering production, the low FeNi price declined to RMB2420-2450/mt, RMB60/mt lower than last week. if some enterprises in Linyi, Shandong would resume in May as expected, the supply would further increase.

In recent days, the low FeNi supply increased along with the production recover of some enterprises. However, as the demand from steel mills was weak, the low FeNi price declined by RMB50/mt to RMB2420-2450/mt.