According to statistic of Japan Customs, Japan imported 173.4 tons of calcium carbide, down by 28.4% M-O-M and down by 33.1% Y-O-Y. The materials were mainly imported from China with import volume at 132 tons.
[Ferro-Alloys.com] As HBIS cut new round purchase on high carbon ferromanganese, other steel mills in China also tend to cut bidding price in recent period.
[Ferro-Alloys.com] As HBIS cut new round purchase on silicon manganese, dual pressures from capital and stockpiles for small scale suppliers contributed to somewhat downturn on sale with waning confidence on future market. However, most large scale companies s...
In early Nov., one large FeNi producer in Jiangsu province had cut down 2/3 of the production. According to the source, as the the main reason was the weak FeNi market made the enterprises suffer great pressure.
From 2012 to quarter 1 of 2014, 42% South African chrome ores future price continued to decline. In Q1 of 2014, future monthly average price of 42% S.A. Cr ores fell to USD145/mt, decreasing by USD37 than the same time of 2013.
For the excess supply, the ferrochrome market in China continued to decline in the first 10months, and so as to the import FeCr from South Africa. It could be seen from the following chart, the S.A. FeCr future and spot price last the falling trend, especially...