Increased FeSi Purchase Prices had Little Effect on FeSi Market Prices

[Ferro-Alloys.com]It is said that silicon manganese 6014 in Tuandeng area of Guangxi dipped to RMB5,020/mt (without VAT by cash, the same as below)

[Ferro-Alloys.com] In recent period, continued poor performance on non-standard silicon manganese brought about worse operation rates in Hunan.

In August this year, manganese ore shipments from Port Hedland totaled 257,000 metric tons, increasing by 183.98% compared to the same month of 2013, but showing a slightly decreasing on the basis of 268,321 metric tons in July.

According to the investigation of www.ferro-alloys.com，electrolytic manganese metal (EMM) market in China was stable last week.

China’s Tsingshan Group expects to start production at its Indonesian nickel pig iron smelter as soon as January, becoming the second plant to ramp up since the country’s new mineral processing laws came into force at the start of the year.“

In recent week the medium and high grade nickel ores price basically kept stable while the trading was not well because of the declining FeNi market and the weak demand. Meanwhile, both the spot and futures of low grade Ni ores price went down.

At early of Sept.,the ferrochrome price totally declined, which pulled down the chrome ores spot price and the purchasing volume, and the details were listed as below: chrome ore from South Africa with Cr 40-42% at RMB29-31/mtu while Cr 36-38% lumps at RMB35-3...