[Ferro-Alloys.com]China’s domestic chrome market remained weak after the Chinese New Year holiday. Most ferrochrome producers are busy producing for previous order, which are expected to be finished in early March.
[Ferro-Alloys.com]After the long holidays, suppliers successively returned to the market, but the operation rate was low. FeMo was offered at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance.
[Ferro-Alloys.com]After the Spring Festival holidays, overseas moly oxide rebounded to USD8/lbMo. Some buyers returned to the market for raw materials, which enhanced the confidence of participants.
During the Spring Festival holidays, LME nickel closing price fell below USD14000/mt while the FeNi and nickel ores price stayed stable. Even though the statutory holiday was over, many factories, steel mills and traders was still on leave and the nickel marke...
[Ferro-Alloys.com]In December,2014, China exported 195mt APT, down 21% compared with last December(247mt), and an increase of 24.2% from November (157mt).
[Ferro-Alloys.com] With ample mineral resources,mining has been the pillar in South African economy. In recent year, South Africa’s miners apparently have reaped handsome profits in expanding production capacity of crude steel.
[Ferro-Alloys.com]As Spring Festival is around the corner, it seems that few transactions can be made on manganese alloys spot market. The quotation was basically in line with last week.