Mg Ingot Prices Continued Falling on Excessive Inventory, Declining Price of FeSi75# and Thin Demand in China

Slicon metal price kept steady in the last week in China. Although silicon metal price in some areas shaked slightly, it didn’t affected silicon metal’s trend.

It was acknowledged that in 2012, 42% Iran Chrome ores spot market was poor, the monthly average price of which basically maintained at RMB43.5-45.5/mtu.

According to the statistics of the Customs, from 2010 to 2013, the nickel unwrought imports of China were respectively 182687tons, 217168tons, 159297tons

From 2012 to half 1 of 2013, the Pakistan chrome ores spot price fluctuated largely. In the first half of 2012, the monthly average price of 42% Pakistan Cr ore spot was RMB44.5-47.5

Domestic offers for manganese ore from Balaghat remain unchanged, although the demand is low, in line with the lackluster market for manganese alloys, with little or no deals having been concluded, reported a miner source from the region. Currently in Balaghat...

6014 grade is Beijing offered at around INR 57,500/MT ex-Raipur, INR58,000/MT ex-Durgapur and INR 59,500/MT ex-Hyderabad. According to sources, Prakash Industries is offering at INR55,500/MT (ex-Champa, Chhattisgarh).

[Ferro-Alloys.com]Chinese vanadium pent oxide was offered at RMB67,000-68,000/mt (USD10,983-11,147/mt, export duty excluded) . Downstream buyers were cautious to input raw materials, leading to greater difficulty in high-priced transaction.