[Ferro-Alloys.com]Hebei Hengtai Special Steel Limited plays a very important role in the Cangzhou Bohai New Area, and its ferrochrome project will be finished in the end of 2014, which would produce 0.4 MT of ferrochrome annually in 2015.
[Ferro-Alloys.com]2013 saw an construction upsurge of ferrochrome producing equipment in the world, which would increase the global production volume of ferrochrome in 2014.
The public hearing for expansion of TATA Steel operations held at Joda yesterday said to have favored the proposal. A t lease 86 persons spoke at the meeting attended by over 5000 people informed officials of the district administration.
The main contributors to the 5.3 percent increase were iron ore (contributing 5.7 percent), coal(contributing 1.8 percent) and manganese ore (contributing 1.2percent).
[Ferro-Alloys.com] Chinese FeV50 was offered at RMB77,000-78,000/mt (USD12,622-12,786/mt, export duty excluded) by acceptance. Most steel mills bought required volumes and delayed payment, resulting in FeV transaction price drop again.
This week the low FeNi price stayed at RMB2350-2400/mt while the medium and high FeNi price rose by RMB10/Ni as FeNi with (Ni 4-6%) was at RMB960-980Ni, ferronickel (Ni 6-8%) at RMB950-970/Ni and ferronickel (Ni 10-15%) at RMB960-980/Ni. The entire price was e...