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Futures and Spot Pirces of Nickel Ores Remained Stable(April 11-April 15)
[Ferro-Alloys.com]Despite the tight supply of spot nickel ore, the futures and spot prices of nickel ore remained stable this week, and some ferronickel producers said there’s not enough nickel ore in ports. |
HC FeCr Output Increased After the Prices Hiked (April 11-April 15)
[Ferro-Alloys.com]High-carbon ferrochrome tender prices from China’s major stainless steel mills started to bottom out in April due to the tight supply, which would support the high-carbon ferrochrome prices, while the prices from the producers are still far ... |
Zimasco Cedes Chrome Claims to Govt
Zimbabwe’s largest ferrochrome producer, Zimasco has ceded 50 percent of its chrome claims to Government to enable new investors to explore the chrome mining sector, a senior company official said. The move is in line with a directive that was issued by Gover... |
Scrapping Export Duty on Chrome to Hit JSL Revenue by Rs 300 Crore
Government's decision to scrap export duty on chrome will adversely impact India's largest stainless steel maker, Jindal Stainless, which said the move will lead to a Rs 300-crore annual revenue loss. |
Chrome Ore Prices Remained Strong(April 11-April 15)
[Ferro-Alloys.com]Some of China’s major stainless steel mills hiked their tender prices in April for the first time in recent years, which would support the whole chrome market. |
LME Nickel Broke Through MA89 and Surged(April 11-April 15)
[Ferro-Alloys.com]LME nickel continued to rise this week after breaking through MA89 on Tuesday, up 3.87% on the day. The price began to fall after hitting 9,000 and was trying to break the resistance level of 9,000. |
Russia's Ferroalloy Exports Fall in Jan 2016 on M-o-M Basis
[Ferro-Alloys.com]According Russia customs statistics, in January of this year, Russia's ferroalloy exports totaled 43,185 tons, down by 34.5% month on month |
The Quotation of Chinese FeMn Products Dropped Slightly (Apr 11th—Apr 15th)
As the spot supply of upstream manganese ore becomes more and more, the situation of short supply alleviated, and the price of imported Australian 46% manganese ore fell to RMB35-36/mt. It is estimated that the price of Chinese ferromanganese products might... |
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