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[Ferro-Alloys.com]Apart from flat demand, high imported manganese ore inventory at ports further pushed sale down in recent two weeks. Mn46 lumps are now tumbling at RMB33.5-35/mtu and RMB33.5-34.5/mt for Mn48 sands. South African Mn38 lumps are dipping to aro...

[Ferro-Alloys.com]Thanks to upward trend of steelmakers purchase for June, manganese alloy market showed a slightly improvement. Nevertheless, given extending period of parment from some mills coupled with high production cost for alloys, it seems that operati...

It was expected that the spot nickel ores price might go down then

Stocks of Cr ores were about 2.4-2.6millon mt in May and it fell by 10,000mt compared with previous month,

Expect for the weak demand from steel mills, the upcoming cancellation export tariff of the nickel products might also pressured on the FeNi price.

This week steel mills gradually released their June purchase prices of FeCr in China and the basic situation was that the steel mills had kept normal volume with generally cutting RMB50/mt over last month

As downstream demand was weak, operation was bad. Many medium and small sized factories stopped production. Overall operation rate was about 25% at present. Meanwhile, foundry cored wire manufacturers were running better than steel cored wire manufacturers.

Silicon metal prices still maintained at high levels in early June......