[Ferro-Alloys.com]Overseas moly oxide price slipped to USD9.4-9.5/lbMo, and it didn’t bottom out. It is for the first time that moly oxide price dropped below USD10/lbMo since March.
[Ferro-Alloys.com]LME nickel price declined by 3.29% after constant rising for the previous three days, with a high at $16,950/mt and a low at $16,380/mt, closing at $16,427/mt.
[Ferro-Alloy.com]LME nickel price broke $16,000/mt on October 1st, with an intraday low at $15,869/mt, which is a brand new low for the past six months.
According to statistic of Customs, China exported 556,121 tons of silicon metal in Jan.-August, up by 25.51% Y-O-Y. Silicon metal export price was high in August, and export volume was 81000 tons. It was equal with last month.
Si metal prices kept tending upward in September in China. And Si metal price remained firm in late September . Operating rate in Yunnan, Xinjiang, Fujian and Gansu was about 80%,higher than last month.
[Ferro-Alloys.com] Given ongoing sliding sale for spot market, it seems that manganese alloy companies in China will face more brutal competitive pressure. Despite high water season in south area, there are only a few of large scale of manganese alloy factorie...
[Ferro-Alloys.com]The ferronickel and electrolytic nickel prices have been increasing since Q2, 2014 thanks to the unrefined ore ban in Indonesia. China’s ferronickel producers lowered their operation rate due to the increasing price for nickel ore and the de...
[Ferro-Alloys.com]Chinese FeMo price dropped to RMB91,000-92,000/mt (USD14,918-15,081/mt, export duty excluded) by cash. At the end of September, major steel mills entered the market for FeMo, enlarging the entire buying volumes. The transaction price concentr...