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Cored wire market price was still stable in China last week. In Henan province, ex-work price of Ca98%min∮9㎜ pure calcium wire stayed around RMB 12200/mt (USD 2033/mt) . Ex-work price of Ca28Si55∮13㎜ CaSi wire stayed at RMB 9800-10000/mt. Ex-work price of ...

Mg Price Improved with Reduced Inventory in China

Market price of ferrosilicon remained below production cost line and ferrosilicon producers were seen with reduced numbers of furnaces into operation, but mainstream ferrosilicon prices were still stable in main production regions.

Affected by the weak market condition of the low ferronickel, the low-grade nickel ores future price also declined

Till the end of this week, the imported prices of ferrochrome CIF Chinese ports had been as follows, India ferrochrome, USD0.82-0.83/lb Cr; South African ferrochrome, USD0.81-0.82/lb;

FeCr price dropped by RMB50/mtu in June. Considering the high costs pressure, suppliers had to reduce the storage for raw materials. The transaction of chrome ore was not that active.

During June and August, the stainless steel production would enter the off-season, which reduce the demand of the raw material-ferronickel.

Supply of Si products was still tight on spot market and it’s hard to purchase. In mid-June,