As steel market demand remained weak, Chinese ferroalloy output fell in October. It was reported that Chinese October ferroalloy output was 3.0394 million tons, down by 8.28% month on month, down by 9.48% year on year.
According to the Korea import, export statistics showed in October this year, Korea imported 96,922 tons of ferroalloy, an increase of 14% month on month.
According to the United States Department of Commerce announced in August of this year, United States imported 133,137 tons of Ferroalloy, an increase of 20% month on month.
The production volume of ferroalloys in July 2015 compiled by Korea Iron and Steel Association (KOSA) was 39,329 tons, down by 2.0% from 40,118 tons in the prior month. The item-wise comparison with the prior month was high-carbon ferro-manga
In Japan, the purchase of spot goods continues to be low, but the price of 553 grade is up by around US$10 due to the increase in the cost price in September.
China's economy faces strong external headwinds, even though its contribution to world's growth this year is likely to exceed that of the United States, the country's vice-finance minister said.
Prices for goods exported by Kazakhstan decreased by 2.5 percent in August compared with July, while prices for goods imported by Kazakhstan saw a 2 percent decrease, said the message of the Committee on Statistics of the Ministry of National Economy of Kazakh...