Industry News

Weekly Review on Manganese Series Market-Steel mills take the lead of price trend
Weekly Review on Manganese Series Market-Steel mills take the lead of price trend
Apr 06, 2023

Hainan West Asia Import&Export Group Co. Ltd learns, the latest price of manganese product shows weakly downstream.(1) Manganese oreOn 29th Mar., the bidding for the shipment of manganese ore in May w...

West Asia Observation Recently Indian Manganese Alloy:
West Asia Observation Recently Indian Manganese Alloy:
Apr 04, 2023

According to the Indian partner of West Asia Import and Export Group: Indian manganese alloy suppliers continue to make concessions under the current sluggish demand, and buyers postpone purchases due...

South Africa's strike threatens to hinder inland transportation of chromium ore and ferrochrome, as well as port shipping efficiency
South Africa's strike threatens to hinder inland transportation of chromium ore and ferrochrome, as well as port shipping efficiency
Mar 31, 2023

According to Hainan West Asia Group’s understanding. South African authorities organized a nationwide strike to demand an end to power cuts. In recent years, South Africa's power crisis has been const...

Hainan West Asia Group learns the manganese market keeps declining sightly in general.
Hainan West Asia Group learns the manganese market keeps declining sightly in general.
Mar 30, 2023

For the manganese ore market, the increased cost of coke, electricity, and manganese raw material hammered factories’ will of production, which also pressured the buyer by price. Most manufacturers ar...

Manganese alloy prices in Europe are falling due to insufficient demand
Manganese alloy prices in Europe are falling due to insufficient demand
Mar 29, 2023

The quarterly bidding in the field of basic alloys in Europe is quite sluggish, and fierce competition has brought pressure on prices.This week, there were multiple bids for the supply of mangane...

Average weekly decrease in ferrochrome quotations
Average weekly decrease in ferrochrome quotations
Mar 28, 2023

According to the understanding of West Asia Import and Export Group through its partners in India, due to market reasons, India's local demand for basic alloys is less, and the current price of ferroc...

Recently, the price of high carbon ferrochromium has been weak
Recently, the price of high carbon ferrochromium has been weak
Mar 24, 2023

According to Hainan West Asia Import and Export Group, recently the price of high carbon chromium iron is weak, and the stainless steel market continues to be "unstable", but the port traders are stil...

Ferroniobium exports significantly decreased in February
Ferroniobium exports significantly decreased in February
Mar 23, 2023

According to Hainan West Asia Group, Brazil was affected by bad weather in February, which led to a sharp decrease in the export volume of ferroniobium, while the total shipments have declined since t...

Japan's Low Demand for Ferrochrome and Prices is stable
Japan's Low Demand for Ferrochrome and Prices is stable
Mar 22, 2023

Due to sufficient inventory, the activity of Japanese chromium alloy consumers in the spot market remains at zero. However, suppliers are not in a hurry to lower their prices, and it is uncertain whet...

Global high carbon ferrochromium production continues to grow in 2022
Global high carbon ferrochromium production continues to grow in 2022
Mar 17, 2023

According to Hainan West Asia Group’s understanding.Global high-carbon ferrochrome production will increase by 5% year-on-year in 2022. In 2022, global ferrochromium production will reach 155,400 tons...

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