[Ferro-Alloys.com]Chinese vanadium pent oxide was quoted at RMB41,000-42,000/mt.

[Ferro-Alloys.com]Baosteel released its tender price of high-carbon ferrochrome for October, with the new tender price at RMB6,000/T Cr 50% basis, down RMB150/T, and the mill would purchase 18,000 tonnes of high-carbon ferrochrome in the month.

[Ferro-Alloys.com]Chinese FeV was offered at RMB48,000-49,000/mt by acceptance. In late month, major steel mills intensively launched bids, but the entire demand didn’t improve much, exerting downward pressure on V alloy procurement.

Established in 2009, Taiyuan Ruitao Metal Materials Co., Ltd is a professional calcium processor. Its main products include calcium block and calcium granules. Ruitao’s products are for export only.

Glencore said on Tuesday it was strong enough to ride out current volatility in commodity market, helping to lift the mining group’s shares by a fifth.

[Ferro-Alloys.com]A high-carbon ferrochrome furnace of 30,000KVA in Inner Mongolia is now for rent. The furnace is already completed and can be put into production anytime.

[Ferro-Alloys.com]One of China's largest high-carbon ferrochrome producers in Inner Mongolia, whose high-carbon ferrochrome furnaces has been closed for about two months, still has no plan when to resume its production, one official stated.

Scotiabank’s Commodity Price Index has plunged by 10.5% month-over-month in August, to 91.3, which placed it 13.9% below the April 2009 bottom during the last recession and the lowest level since early 2005.