China Exported 328.5mt FeW in May, 2015, 6.55Times Higher than last May
[Ferro-Alloys.com]In May,2015, China exported 328.5mt FeW, 4.475times higher than April (60mt) and 6.55times higher than last May(43.5mt). |
Chinese W Concentrates Price Dropped, and Miners were Unwilling to Sell at Low Level
[Ferro-Alloys.com]Chinese W concentrates were offered at RMB73,000-74,000/mt amid soft demand. |
Chinese FeW Price Slipped, as Steel Mills Purchased Normal Volumes
[Ferro-Alloys.com]Chinese FeW price slipped to RMB134,000-135,000/mt by acceptance. When it came to July, steel mills cut output or made overhaul, decreasing the buying intention of raw materials, so FeW transaction volume was limited. |
Overseas APT Price Edged down, as Steel Mills Purchased Small Volumes
[Ferro-Alloys.com]Overseas APT quotations were in chaos. Prior to summer vacation, steel’s low operation rate degraded customer’s buying intention, so the entire transaction was inactive. |
Chinese W Concentrates Price Stabilized, and FeW Price Retreated
[Ferro-Alloys.com]Chinese W concentrates was offered at RMB79,000-80,000/mt, but transaction was as low as RMB77,000-78,000/mt. |
Overseas FeW Price Dropped, reaching the Minimum since 2010
[Ferro-Alloys.com]Overseas FeW transacted at USD29.4-29.75/kgW. Chinese W concentrates cost drop pulled down FeW price. In addition, summer vocations approaching, many customers were destocking, but inquiries were slim. |
Chinese W Concentrates Price Softened, and Expected to Drop again
[Ferro-Alloys.com]Chinese W concentrates was offered at RMB79,000-80,000/mt. The oversupply of W concentrates in the market, contrasted with APT suppliers’ low buying interest, led to that miners were forced to sell at low level to deplete stock. |
Chinese APT Price Softened due to Sluggish Demand
[Ferro-Alloys.com]Chinese APT transacted at RMB118,000-119,000/mt due to large stock in the market. Downstream hard alloys suppliers reported low operation rate, in absence of extra demand. |
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