In China, more FeNi enterprises, including large producers had to cut down production or even closed down for lack of appropriate nickel ores.

This week the nickel ores price continued to go up while the trading volume was little. According to the statistics, the total nickel ores stock at main ports of China was xx million tons, decreasing by XX tons.

On basis of the present supply and the strike situation, the SA Cr ores would continue to stay firm.

This week the high carbon ferrochrome price decreased by RMBXX/mt to RMBxx/mt (ex-works price with tax). The surplus supply and the weak demand made the FeCr market hard to be changed in short term.

[Ferro-Alloys.com] Chinese FeV price recovered upward momentum, as many steel mills entered the market to launch bids. Reportedly, the transaction price of FeV50 reached RMB-/mt by acceptance.

EMM market was peaceful China last week.

Cored wire market price was still stable in China last week. In Henan province, ex-work price of

[Ferro-Alloys.com] Chinese FeMo60 price kept steady, and deals were rather active. In late month, the tenders from steel mills were comparatively adequate, but bids were as low as RMB--/mt, export duty excluded) by acceptance.