The Government of India lowered the export incentive on silico manganese by 2% from April 1.

[Ferro-Alloys.com]Global steel use should grow at a slightly slower pace this year than last because of China's slow down, although elsewhere steel use is mostly improving and 2016 prospects look brighter, the World Steel Association said on Monday.

[Ferro-Alloys.com]Chinese metal Ca market was depressed, leading to continuous drop of price. Suppliers received slim orders from cored wire buyers.

[Ferro-Alloys.com]Overseas moly oxide price dropped to USD7.8-7.9/lbMo, as the spot demand was slim. Steel mills decreased the buying volumes of raw materials, leading to moly oxide downturn.

Entering mid-Apr., the medium and high grade nickel ores price further declined under weak purchases.

some EMM enterprises adjusted their products’ price or production or others to adapt the market. For example, Hubei Changyang Hongxin Industrial Group Co., Ltd.

[Ferro-Alloys.com]In recent period, high carbon ferromanganese 65 maintained at RMB4,800-5,000/mt, and RMB5,000-5,200mt from traders. As for 75, it was quoted at RMB5,600-5,800/mt

[Ferro-Alloys.com]It is reported that price of silicon manganese dropped to RMB5,100/mt in Chengkou Couty of Chongqing of Q1 2015, and the total downtrend margin even reached RMB7,00/mt which far less than production cost about RMB8,00/mt.