Industry News

Taiwan: Ferro alloys imports rise 73% m-o-m in Apr'23
Taiwan: Ferro alloys imports rise 73% m-o-m in Apr'23
May 19, 2023

According to data received by Hainan West Asia, Taiwan's ferroalloy imports increased by 73% from 22,181 tons in March 2023 to 38,324 tons in April 2023. Silico manganese: Imports rose from 7,448 t in...

China's upward trend leads to a slight adjustment in Indian ferrochrome prices
China's upward trend leads to a slight adjustment in Indian ferrochrome prices
May 22, 2023

The rising prices in the domestic market in India and China have prompted sellers to slightly increase their quotes to major overseas buyers. However, activity in the export spot market remains sluggi...

South Korea's imports of high carbon ferrochrome increased by 10% in Jan-Feb 2023
South Korea's imports of high carbon ferrochrome increased by 10% in Jan-Feb 2023
May 22, 2023

According to the information received by Hainan West Asia in April 2023, South Korea imported about 41,829 tons of high carbon ferrochrome, South Korean steel mills began to forge a large number of st...

International price of ferro molybdenum
International price of ferro molybdenum
May 12, 2023

The international molybdenum price has continued to rise.In the previous period, the international molybdenum price fell sharply, and a large number of holders sold their goods, resulting in a shortag...

India: Silico manganese prices remain range-bound amid low demand
India: Silico manganese prices remain range-bound amid low demand
May 12, 2023

According to the information hainan west asia has received:Silico manganese prices remained range-bound last week due to lower-than-average local demand. low trade volumes of about 1,700 tonne (t) of...

Silicon Carbide| Chinese Silicon Carbide supply to Infineon Germany
Silicon Carbide| Chinese Silicon Carbide supply to Infineon Germany
May 12, 2023

Infineon, an internationally renowned semiconductor technology company headquartered in Munich, Germany, issued a communique saying that it has signed a long-term supply agreement with a Chinese silic...

Indian silicon manganese manufacturers forced to reduce production
Indian silicon manganese manufacturers forced to reduce production
May 12, 2023

Hainan West Asia Ferroalloy Group recently learned that the rise in electricity prices in Andhra Pradesh, India, had a negative impact on the silicon manganese manufacturers. Against the background of...

Ferromolybdenum| Brief Knowledge and Market Information
Ferromolybdenum| Brief Knowledge and Market Information
May 04, 2023

Introduction Ferromolybdenum is an alloying additive in the steel industry, which is composed of iron and molybdenum mainly. The role of molybdenum in steel can be summarized as improving hardenabilit...

Petroleum Coke Price In The Past Six Months
Petroleum Coke Price In The Past Six Months
Apr 27, 2023

According to the observation of Hainan West Asia Import and Export Group, in the past six months, the price of petroleum coke has plummeted from a peak of $745/ton in May 2022 to $237/ton in March 202...

Ferromolybdenum丨Soaring price of raw materials leads to confusion in the quotation
Ferromolybdenum丨Soaring price of raw materials leads to confusion in the quotation
Apr 27, 2023

Hainan West Asia Group Co. researched. In the early stage, the international molybdenum price fell sharply; the holders shipped large amounts of goods. The market was short of spot goods. As the decli...

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