In recent week nickel ores inquiries increased along with the recovered production in North areas. However, as the FeNi price was still not high, the nickel ores price was still be pressured. Considering the capital turnover, producers preferred to buy the fut...
[Ferro-Alloys.com]TISCO and Qsingshan Group announced their tender prices for high-carbon ferrochrome respectively on November, 20. Both of them raised their purchasing prices.
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in October 2014, the same compared to October 2013.
Henan Xibao recently released its first prospectus of short-term financing bonds for 2014. According to the prospectus, Shenlong Metallurgy is social welfare
[Ferro-Alloys.com]Chinese FeW70 was offered at RMB163,000/mt(USD26,721/mt, export duty excluded), transacted at RMB160,000/mt (USD26,229/mt, export duty excluded) by acceptance.
According to the statistics, the Indonesian nickel ores in Chinese ports was consumed of 1million tons per month. On Nov.14th, the Indonesian nickel ores stock was reduced to 7.4million tons from 15million tons in Early Apr..