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Prediction

Mg Price Dropped due to Tepid Demand &Increasing Inventory in China (May19th-May23rd)

New round of magnesium producers purchasing magnesium ingots was around the corner and ferrosilicon as one production materials had enjoyed price increase, but magnesium ingot producers generally had enough stocks, which indicated magnesium ingot price was lik...

Monday, May 26, 2014

FeSi Producers Had Few Spot Materials in China (May19th-May23rd)

Ferrosilicon producers had few or none spot materials in China in late May and steel mills’ June purchase volumes were expected to keep nearly the same as May. Large ferrosilicon producers had taken the lead in offering higher prices and June purchase price w...

Monday, May 26, 2014

FeCr was likely to Decline in June-China (May19th-May 23rd)

At the end of May, the ferrochrome price kept stable, waiting for the new round of purchasing from steel mills. Now the mainstream price of high carbon ferrochrome was RMB6,500/mt.

Monday, May 26, 2014

Nickel Ores Continued to Go up for Strong Demand (May19th-May 23rd)

By now the Indonesian policy was still firm. Even though the election in July was one factor for the change, the President of the Chamber of Commerce in Indonesia said the export ban was likely to be abolished.

Monday, May 26, 2014

South African Chrome Ores Price was Firm for Multiple Factors (May19th-May 23rd)

This week the South African chrome ores future price rose by USD5-10/mt while the spot price increased by RMB0.5-1/mtu.

Monday, May 26, 2014

High FeNi Tender Price Increased while Purchasing Volume down in June-China (May19th-May 23rd)

Steel mills had released the purchasing price, which mainly fluctuated between RMB1, 440-1,450/Ni (delivery price with tax).

Monday, May 26, 2014

Chinese FeV Price Kept Steady, as Steel Mills Buying Forces Shrank

[Ferro-Alloys.com]Chinese FeV market kept steady, but deals were relatively small. Only there were occasional tenders visible, with bids stabilizing at -/mt by acceptance. Steel mills had much difficulty of drawing up raw materials market due to their flat pe...

Friday, May 23, 2014

Calcium Metal Price Surged in China

Many calcium metal manufacturers in China stopped production since 2014. Spot shortage became obvious since March and market price climbed gradually.

Friday, May 23, 2014