Industry News

Rising Prices Of Minor Metals In Europe
Rising Prices Of Minor Metals In Europe
May 08, 2024

In the European market, with stable demand and active consumers and local traders, the price of molybdenum products has significantly increased. The news of a possible decrease in the supply of ferrov...

Increased demand triggers rise in U.S. ferrosilicon market prices
Increased demand triggers rise in U.S. ferrosilicon market prices
Apr 26, 2024

U.S. ferrosilicon prices have risen sharply as anti-dumping investigations against major alloy exporters continue and spot market demand continues to grow. Furthermore, Hainan Asia expects the current...

Ferrochrome prices fall in China
Ferrochrome prices fall in China
Apr 26, 2024

Most low-carbon ferrochrome suppliers in China cut prices to promote sales this week. At present, the mainstream price of China's low-carbon ferrochrome C0.1%max is 2.04$/lb/Cr ton, down about 20$/ to...

Global manganese ore supply may drop by 10% in 2024
Global manganese ore supply may drop by 10% in 2024
Apr 25, 2024

Major manganese ore producer South32 has suspended raw material exports from its local assets after Australia was hit by Hurricane Megan, which may significantly reduce the supply of high-quality mang...

The Demand for Silicon Metal is Tight
The Demand for Silicon Metal is Tight
Apr 25, 2024

Due to production costs being higher than current selling prices, most producers reduced or halted production in April, resulting in tight supply in the Chinese spot market. Firm supplier offers are s...

Weekly Manganese Market Brief
Weekly Manganese Market Brief
Apr 18, 2024

Amid weak downstream demand and resilient production costs, the mainstream price of Chinese electrolytic manganese 99.7%min remains at 11,850-12,050 CNY/MT ex-factory cash, unchanged from earlier this...

Affected by rising ore prices, Indian manganese alloys surge
Affected by rising ore prices, Indian manganese alloys surge
Apr 18, 2024

It is understood that Indian suppliers are trying to increase their quotations for manganese alloys, citing rising manganese ore prices. However, buyers are yet to accept the new price. Updated to the...

Chinese silicon prices began to rise in April
Chinese silicon prices began to rise in April
Apr 17, 2024

In February and March, the price of silicon metal in China fell all the way due to the excessive inventory and the decrease in the purchase volume. The time came to April, because traders sold too muc...

Taiwan steel mills will be affected by rising electricity bills and cost impact
Taiwan steel mills will be affected by rising electricity bills and cost impact
Apr 12, 2024

It is understood that Taiwan's steel mill manufacturers are expected to be hit by increased production costs as electricity tariffs are raised starting this month.Taiwan's Ministry of Economic Affairs...

South Africa's ferrochrome exports remain high and domestic supply may continue to be loose
South Africa's ferrochrome exports remain high and domestic supply may continue to be loose
Apr 11, 2024

According to South African Customs statistics, South Africa's high-carbon ferrochrome exports in February 2024 were 374,400 tons, a month-on-month increase of 48,700 tons, an increase of 19.77%; a yea...

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