[Ferro-Alloys.com]Chinese FeTi price kept steady, with FeTi30 being offered at RMB-/mt by acceptance (25basis)

At the end of July, the nickel ores trading was still not optimistic as the buyers in Chinese market tried to pressure the price while the sellers held the price for rise.

In recent two months, the high FeNi operating rates was low and meanwhile many producers held the stock. However, the total supply in Chinese market was still high, and the main reason was that many steel mills cut down the purchasing volume.

In Aug., the FeCr benchmark price was further cut down by RMB50/mt for large supply. And the suppliers had already reduced their ex-works price.

This week both the spot and futures of Cr ores kept stable and the stock at Chinese main ports maintained low level. Affected by the high FeCr operating rate in North areas,

[FerroAllo-ys.com]Chinese FeW was offered at RMB-/mt by acceptance.

[FerroAllo-ys.com]Chinese W concentrates was offered at RMB-/mt by acceptance.

FeSi Producers were Likely to Raise Further Their Quotations in Early August in China