[Ferro-Alloys.com]Ningxia Sincerity Manganese Industry CO.,LTD, located in Shizuishan city of Ningxia, focusing on high carbon ferromanganese production with annual production capacity more than 100,000 tons.
[Ferro-Alloys.com]Chinese FeV50 price edged down, but the entire deals were not much. Only some steel mills launched scattered tenders, with FeV50 transacting at RMB78,000-79,000/mt (USD12,786-12,950/mt, export duty excluded) by acceptance.
Chemical silicon metal price had kept firm since National Day. Organic silicon market turned warm and this led to more need for chemical silicon metal. Low-water seasons would come and high electric cost would stimulated silicon metal price.
Shaw River Manganese should trade higher again today after signing a purchase contract with Noble Resources International for the sale of up to 30,000 tonnes of manganese ore from its flagship Otjozondu Manganese Project in Namibia.
[Ferro-Alloys.com]The LME prices continued to dip on Oct. 21st (Tuesday), creating new low for H2 2014, with high at $15,430/t and low at $15,080/t, closing at $15,330/t.