[High-carbon ferrochrome] May chrome rates and the expectation of recall

Click here to see more information on Chrome ore

Since the end of April, after "May 1" rest for the domestic market ferrochrome in May have kept high to settle down trend.
Industry analysis, due early ferrochrome and chrome ore prices rising rapidly. High-grade chrome ore prices was 72-75 yuan per metric ton, is the low-grade 50-55 yuan per metric ton, "May 1" after a long holiday, the focus of chrome ore began significantly increasing, and China's major ports chromium ore to see the inventory, to mid-May, concentrated in the north and the mainly Lianyungang port total chromium ore reached about 45-50 million tons. At this point some foreign sites ore prices started downward, which has the strong pattern of chrome ore market has been noticeably looser, thus delaying the domestic high-carbon ferrochrome prices are rising trend of the mid-May, High-carbon ferrochrome 60 base reached 10,500 yuan a metric ton. Kida 8600-8800 to 50 million metric ton (about 1124-1150 U.S. dollars metric ton) compared to the beginning of the spot market below 7,000 yuan metric ton price increase of 2,000 yuan per metric ton.
However, ferroalloy market will always focus on the country's macroeconomic policy changes and changes in the implementation of differentiated pricing, cancellation of tariff concessions with the policy, some manufacturers ferrochrome price rise as high as 0.2 yuan /, Moreover, chrome ore, coke and transportation costs have always maintained a strong upward trend, the cost of production of raw materials rising fast, further compressing the ferrochrome factory profit margins, especially some of the smaller manufacturers, cost pressures can not continue to maintain normal production, produce manganese alloy, nickel, iron enterprises from time to time there, The shutdown not doing it, and always ferroalloy industry is the country's basic industries, stainless steel production capacity for the expansion of the ferrochrome industry's rapid development, the ferrochrome industry is now their prices are high false hanging, relatively strong, enterprises must continue to produce, and out of profit considerations, ferrochrome current market prices of the enterprises is already insolvent, and the requirements ferrochrome prices for the increasingly high.
Industry insiders believe, to ensure the normal operation of Operation First, reduce production costs, two were up-regulated market quotations. However, these two areas there is a great difficulty in the current high prices of chromium ore, but it was learned today ORBICOM, Port of domestic chrome ore to again raise the Price, the high-grade India reached 78 yuan per metric ton, differentiated pricing is focusing on the implementation, coke and transportation costs remain strong, Therefore ferrochrome lower cost of operation, at least in the near future is very unlikely. Meanwhile, although recently some manufacturers will be high-carbon ferrochrome prices increased by 200 yuan, Some even higher, reaching 8800-9100 yuan per metric ton, but the demand of the market, Currently the domestic demand for ferrochrome and no substantive increase, the market demand for ferrochrome is strong trend of the pulling power. demand is still weak, then the ferrochrome prices raised will lose its dominant market position, although the cost of the support, It can only keep ferrochrome prices living costs fell Buy suspended.
May from the data since, the international market prices of high carbon ferrochrome than China, and has maintained an upward trend. According to the British "metal Herald," released in early May of high-carbon ferrochrome prices in the 0.8-0.85 U.S. dollars / pounds of chromium, by the end of May rose to 1.00-1.05 dollars / pounds of chromium, it is understood, there are still many producers to increase exports to China of ferrochrome volume, and prices lower than the domestic market. A businessmen, international ferrochrome vendors are trying to low-occupied China market.
International Some vendors restrict the exports of chrome ore. hope that the tension in the supply of chrome ore market conditions push up prices further, But in May chromium ore port inventory significantly increased in mid-May at least 50 million tons over last year to a lot more, and the relevant industry sources, tight supply of chrome ore is actually suppliers to further enhance ore prices caused by the reduced output, And now ORBICOM understand that the last week of May, the vendors would reflect their hands inventory has been very little left, plus the recent Indian ore prices to move up again, chromium ore market really take reappearance rising trend? Domestic ferrochrome production enterprises will deal with how such changes in the market? Chromium industry has experienced a series of setbacks in the market, the outlook in the operation of chrome practitioners would still face the difficult challenge of survival.

[Ferrochrome] Baosteel investment plans in India ferrochrome production

According to Indian media reports, China general manager of Baosteel Group in a television interview said he would speed up its investment in ferrochrome project is fully implemented. The report mentioned that investment projects ferrochrome production may reach 100,000 tons in 4587, for a total investment of 15-20 billion rupees. It is understood that Baosteel will hold the 35% of the company's shares, holders of Visa Steel 65% of the shares.
Reported that the general manager of Visa Steel said cooperation is consultation, and no real contract documents. Baoshan District in the Indian representative said, we have not reached an agreement not to publish any opinion.
Visa Steel annual ferrochrome 50,000 tons, covering 525 acres. currently apply to the local government in 675 acres of land.

[Silicon, manganese, chromium, molybdenum, iron ]2007 international demand remains strong

Welcome to www.chinaferroalloy.com
In 2006 and 2007, China's ferroalloy market has been through many events, especially for the export market terms, tariff adjustments, the export license management, processing trade ban and other policy changes, China's iron export markets caused considerable impact also making the import and export trade engaged in the ferroalloy industry comparison approached this, China's mineral limited liability company General Manager reduces ferroalloy, 2007 China International Conference on ferroalloy to China's import and export of ferroalloy market analysis.
First for the 2006 China's crude steel and stainless steel production in the ferroalloy market and the overall situation is made simple introduced : (a) 2006, steel output growth remained strong, but the consumption growth rate has slowed down markedly. Enter 2007, the apparent consumption decreased, but yields, higher than the expected level of estimates. (2) in 2006, the global stainless steel production growth 14%, reaching 27.8 million tons, China surpassed Japan to yield 530 million tons, has become the world's largest stainless steel producer. (3) ferroalloy industry efforts to strengthen macro-control, ferroalloy production rising.
He focuses on chrome, manganese, silicon, molybdenum, etc. products in the market situation is discussed in detail, the overall view, chromium ore, manganese ore imports will continue to surge, prices showed a rising tendency.
In the chrome and manganese market analysis, the general manager said Tu, 2007 China's stainless steel output is expected to reach 17 million tons, ferrochrome output will reach 1.3 million tons, Chromium ore is expected to demand 500 million tons. Due to the increase in stainless steel production, increased demand for ferrochrome, thus increasing the raw material of chrome ore demand and the mineral chromium State announced its restrictions chrome ore export policy, coupled with the Port of chrome ore reserves is insufficient. a number of factors will lead to chromium ore prices to rise. And as stainless steel, another important raw materials-electrolytic nickel, since the beginning of last year, prices are soaring, much higher than the stainless steel plant capacity, Therefore, people's attention has shifted Nickel-Manganese substitutes. Electrolytic Manganese consumption and prices began to increase, leading to the amount of manganese ore imports to surge, 2007 China is expected to import 6.8 million tons of manganese ore.
Against ferrosilicon export market, He mainly from the strong demand in the international market and China's cost advantages ferrosilicon two perspective of the Chinese ferrosilicon exports sharply growth, as well as the state ferrosilicon the overall idea briefed -- strengthening macro - restrict output and exports, improve the control of microsilica. For ferrosilicon exports, although his view of international competitiveness remains strong, but due to the EU's anti-dumping, RMB appreciation to the impact of China's export market is still ferrosilicon there is a crisis.
In his report, also referred to the development of molybdenum, Mo said Chinese demand for the product is less than the existing production capability, molybdenum products by more than one third of exports, at present, China molybdenum products from the export restrictions to encourage, molybdenum materials needed to enhance international competitiveness, be in the international market place.
Finally, the raises for 2007, general manager of the ferroalloy market prospects, as a result of environmental policy differentiated pricing, export tariff adjustments, trade access policy implementation, in 2007, ferroalloy market will show the following characteristics : domestic steel mills right ferrosilicon, and silicomanganese, manganese to the increasing demand for 2007 international and domestic demand for steel will remain strong, Ferroalloy overall market will be warmer; subject to various factors (production overcapacity, the macro-control has been intensified. electricity costs and an increase in freight charges, raw materials prices, etc.), industry production operation may be more difficult; trade access, differentiated pricing policy will intensify the implementation. countries in 2010 to eliminate 40% of the ferroalloy production resolve will not be shaken. -- Five Minerals raises

[Ni-Fe] Finance : June 1 with nickel and other metal ore exports will increase tariffs

To further control high energy consumption, high pollution and resource products exports, increase energy and resources products, Imports of key parts for the trade balance, with the State Council's Tariff Commission, the ninth plenary session for deliberation and approval, and approval by the State Council, since June 1, 2007, China will adjust the import and export of goods tariff.
Current adjustment 142 commodities will levy export tariff. Which focused on more than 80 steel products by 5% to 10% further increase in the levy export tariffs These products include carbon steel wire rod, sheet, profiles and other steel products. Meanwhile, last year the imposition of export tariffs on steel billet, steel ingot, pig iron and other steel primary products duty from 10% to 15%. This is the second in April this year to abolish the steel products export tax rebates, Another 70 kinds of other steel products substantially lowering the export rebate, the view of excess production capacity, The rapid growth of exports of steel products to further macro-control measures. In addition, this is also the natural graphite, rare earth, refined lead, dysprosium oxide. Tb4O7 and some non-ferrous metal debris and other waste products of export levy of 10% tariff; APT right side, molybdenum oxide, ammonium molybdate, molybdenum sodium, magnesite, magnesium burn the introduction of products such as 5-15% of export tariffs. Of nickel, chromium, tungsten, manganese, molybdenum and rare earth metal ore export tariffs from the current 10% to 15%; of coal tar, some iron, not unwrought zinc, fluorite, non-coniferous Wood film export tariffs from the current 5-10% to 10-15%.
The same time, to encourage imports, promoting trade balance will be right 209 imported commodities to implement the tentative lower tax rate. Of these, coal, fuel oil and cork products, and other resources of the provisional tariffs for 0-3%; Pai pump, seal, bearing and valve spare parts, air-conditioning and refrigerator compressor and components, engineering machinery parts, camera parts. TV parts, camera lens, and other key parts of the provisional tariffs of MDGs.
Market for the rich, promote consumption, and this is also part of the lives of the common people's daily necessities implemented a lower provisional import duty including baby food, kitchen utensils, cutlery, food processing machines, vision lenses, building materials, decorative ceramics, household appliances, its provisional tariffs of 6-17%.

[Nickel, chromium ore] Chinese enterprises should actively respond to chromium nickel ore resources risk

Since the second half of 2006, China's imports of chrome ore and nickel prices have soared, forming a tight resources. high price situation. The industry believes that led to the current situation is mainly due to iron and steel enterprises decentralized procurement enterprises, too many channels, making Price confusion. Appeal to the industry, the country should strengthen import of chrome ore, ferrochrome and nickel raw materials enterprises macro guidance, the implementation of a market access system improving access threshold; Meanwhile, China's steel, mining, ferroalloy and other industry organizations should continue to play an active coordinating role. Stainless steel producers with nickel, ferrochrome suppliers to strengthen long-term cooperation, gradually from the current decentralized external to the joint external, This helps select suitable products, and enhance Pricing Right, help reduce freight and procurement costs.
Current market chrome ore, nickel ore tension and the reason is China's stainless steel production capacity of the fast release. In 2006, China's crude steel output of stainless steel, 530 million tons in 2005 compared with an increase of 214 million tons. At present, the country has built stainless steel smelting capacity of 10 million tons, more than the entire European smelting capacity. As the stainless steel industry's rapid development, China's concept of chronology ferrochrome consumption of about 1.8 million tons, This has not only promoted the domestic ferrochrome industry's rapid development, but also spurred the chrome ore import also allows foreign ferrochrome substantial increase in the volume of imports. Chinese stainless steel industry development, and an increase in imports of chrome ore, chromium iron, while also boosted chromium ore, ferrochrome prices improved.
China ferrochrome production of chrome ore about 95% more on imports, chromium ore resources are concentrated mainly in South Africa, India, Kazakhstan and other countries. As the cost of imported raw materials is high, China mainly relies on imports of chromium ore, Nickel production of ferrochrome and nickel iron enterprises subject to the rising prices of raw materials production cost pressure simultaneously allow our ferrochrome prices significantly higher than international prices. In particular, India, South Africa and other countries to raise tariffs and restrictions on export policy, exacerbated by the shortage of resources and the improvement of market prices. Ferrochrome, nickel prices climbed, leading to the downstream stainless steel production enterprises substantially increase the cost of production; and the consumer market for stainless steel at high prices of stainless steel products for limited capacity, made of stainless steel production enterprises are facing dual pressures. Domestic stainless steel production enterprises and chrome ore, nickel ore dealers and ferrochrome, nickel, iron production enterprises should cooperate with each other, enhance external negotiating capacity and price negotiations right to speak, and to jointly cope with chromium ore, nickel ore prices skyrocketing and resources about the dangers of tension.

[Titanium]Panzhihua responsible for the development of the "TR" national standards formally promulgated

Learned from Pangang Group, by Pangang responsible for the development of the "TR" (GB/T3282-2006) national standards, from the State Standardization Management Commission formally promulgated.
TR is the steelmaking alloy material production and use of the additive, and its main purpose is four. One is used for steelmaking Deoxidizer, with the exception of gas agent. Titanium deoxy much higher than the capacity of silicon, manganese, steel ingot reduce segregation and improve the quality of steel ingot and improve recovery rate. 2 is used for alloying agent. Special steel production of the main raw material, it will increase the strength of steel, corrosion resistance and stability, which is widely used in stainless steel, Tools such as steel production. 3 is to improve the performance of cast iron. For the foundry industry to improve the wear resistance of cast iron, stability, processing and so on. 4 is used for welding titanium, calcium-based coating raw materials.
"TR" national standards in the original 1987 implementation. Industry experts pointed out that by the time production techniques and conditions of use restrictions, the original standard includes only four brands of products, has been unable to meet national science and technology and economic development needs. With China's accession to the WTO, this standard has been difficult to adapt to economic globalization competitive situation, the original standards of a number of technical indicators and the need for closer international advanced standards under the conditions be amended. The original standards of product testing method it is necessary to make amendments to supplement and perfect. Therefore, the state standards committee in 2003 specifically below, has been set up by China's largest titanium raw materials base of Panzhihua, revision of GB/T3282-1987 "TR" standard.
Pangang established a special "TR" standard drafting team, and in April 2004, TR related to the domestic production, use and research units issued "of seeking" TR "amendments to the standard letter." Extensive revision on the basis of Panzhihua collection, retrieval influential at home and abroad "TR" standard, and make progress develop a new "TR" the national standard.
New "TR" There are many national standards innovation. TR brands in the installation, the new standards set up six brands, more than the old standards of the two brands. which covers 70 TR. TR 70 is widespread international use of the TR varieties and the beginning of this century China has successfully developed and started mass production of 70 TR well users, it is therefore necessary to include standards. New standards also of the original brands TR chemical ingredients made some adjustments. The revised standard brands TR the main chemical components and the original standards, compared to the international standards, indicators more scientific and rational.

[Mo-Fe] Mo United States continue to support the international market price of molybdenum

The overall international market in recent days there has been a definite change in the European market has been strong momentum slightly lower But in the United States market molybdenum market rising further to support the international price of molybdenum, According to the United States market sector traders said, Due to the recent molybdenum products market policies and the domestic market price of raw materials rising, For the United States market, the supply was reduced, the United States has lost market molybdenum oxide and ferromolybdenum tight spot, From yesterday evening of May 30 the British "metal Herald" (MB) of the market price, in the United States market, whether molybdenum oxide iron and molybdenum have different degrees of float, and Molybdenum prices have reached 33-35 U.S. dollars / lb Mo, Some industry insiders said that with June 1 for part of the Chinese export products molybdenum tariff increase overall market remains somewhat increased space.

[Nickel] basic knowledge of nickel metal

Nickel is slightly yellow developability of the silvery white metal is a magnetic transition metals, on the global scale, large state-owned nickel mining, Russia, Canada, Australia, Cuba, New Caledonia and Indonesia. Nickel is not only to create the basis for nickel alloy materials, but other alloys (iron, copper, aluminum and other alloys) of alloying elements. Currently, nickel and alloys for specific uses parts, and equipment manufacturing, machinery manufacturing, rocket technology and equipment, Atomic reactors for the production of alkaline batteries, porous filters, catalysts, and semi-finished parts and the anti-corrosion layer electroplating, nickel is considered an important strategic commodity, its resources for countries which have to.
Nickel from the application of the anti-corrosive nickel can be determined by the addition of nickel alloy nickel enhances corrosion resistance. Stainless steel and alloys of nickel production is the largest application areas. Nickel alloy to use : Monel corrosion resistance of high-strength nickel copper manganese alloys (Ni, Cu, Fe, Mn) in chemical equipment, shipbuilding extensive application, but also for the manufacture of sedimentation ponds and covered; About two-thirds of the world's nickel used in the production of stainless steel, nickel stainless steel industry on the impact of consumer ranked one. The current global non-ferrous metals, nickel consumption after copper, aluminum, lead, zinc, ranking No. 5 non-ferrous metals.
2005 I Domestic 95,300 tons of nickel last year, up 26.29%; 2005 China Nickel metal content of 59,900 tons, compared with the previous year fell 5.39%; 2006 Nickel nickel concentrate 1-8 in aggregate output of 465 tons, an increase of 14.69%. China's electrolytic nickel 1-8 in aggregate output of 63,300 tons, a drop of 3.1% China's imports and exports of nickel metal trade deficit continues to widen in 2005 China's nickel products imported 2.267 billion U.S. dollars. an increase of 76.5% year nickel exports 264 million U.S. dollars, an increase of CSR 2005 nickel products trade deficit two billion U.S. dollars; Visibility 2006 nickel supply our ability to continue to decline Nickel Smelting In order to continue to provide us with protection of high-value production of nickel ore. 2005 LME nickel price in the overall high level of the pit, and the annual average spot price of 14,738 U.S. dollars metric ton. 3-month futures price of 14,553 U.S. dollars metric ton and the average annual LME nickel prices since 1980, set a new high. The highest price for the year 16,875 U.S. dollars metric ton, the lowest price for the 11,450 U.S. dollars metric ton. Nickel prices of the domestic market, up to 155,000 yuan metric ton, the lowest for 115,000 yuan metric ton. domestic and international market price of nickel basically the same trend from 2006 recent international price of nickel prices, Nickel prices have touched 31,500 U.S. dollars per ton to a new high, as compared with the beginning of 2006 about 11,500 U.S. dollars per ton. Eyeball very attractive rates.
Nickel belonging to the global scope of scarce resources, there is only a handful of countries have relatively rich resources of nickel. China is a nickel, chromium shortage of resources, the stainless steel scrap is very small. Nickel resources has become a serious shortage of stainless steel industrial development bottlenecks. Because of the surge in demand, China's imports of nickel dependence markedly enhanced. in 2001 the import share of consumption ratio increased to 53.33% 44.61%,2004. 2005 of 60%. Future global nickel demand growth of more than 70% will be derived from China. Because of China's stainless steel production increase In 2007-2008, the international nickel price will be due to the supply continues to rise. at least for the next two years will be very tight supply.

[Ni-Fe] industry calls for nickel from the LME to establish direct supply of raw materials to meet pricing system

Macquarie Bank research suggests that New Caledonia government has issued export permits for a local manufacturer SMSP. export 2 million tons of limonite and 100 million tons of soil rot mine, which permits export to the three Chinese companies. Existing permit export one million tons to two Chinese companies, the last time late payment.
Health nickel iron is a secondary nickel, nickel is the primary alternatives, China in the past two years has been used to solve the problem of shortage of nickel. China's small furnaces and furnace operators have started from Indonesia, NewCaledonia Philippines and the import of low-grade nickel ore to produce low-grade iron Health nickel products, Nickel 1.5-8% the use of small furnaces, 10-25% using EAF (using New Caledonia in the higher grade nickel ore).
Assumption that the grade of nickel 2%,30% moisture content of 85%, the recovery rate This is equivalent to the output of iron nickel Health Lane will be 48,000 tons of nickel. NewCaledonia ore than Indonesia and the Philippines, a higher grade of stone, and may be used for the production of higher grade and quality of products (up to 15% nickel content). Such materials can be used in the production of the 300 stainless steel products.
We previously assumed only 500,000 tons (6,000 tons of nickel available) from NewCaledonia mine, This year, China's Health nickel-iron nickel production is expected to 8-8.5 million tons. This proved to be wrong, we understand that the 1-4 month period, NewCaledonia the actual exports had reached 675,000 tons.
PTAnekaTanmbang Indonesian producers recently announced that it had signed a contract, This year exports 2.05 million tons of 1.5% nickel containing soil rot ore to China last year is actually zero. China Special Steel plans to export from Indonesia to three million tons of 4587, the first year of 100 million tons, Zhejiang Huanguag this year and has plans to start mining and exports from Indonesia.
In the Philippines, NickelAsia Rumor has it that in 2007, exports will double. at least 500 million tons, and industry Berong nickel project in 2007 exports of 1.5 million tons, 2008 export 2 million tons last year, which is zero. These can easily promote the development of China's iron nickel output this year to 100,000 tons, in 2006 about 2.5 million tons. These developments, coupled with the global stainless steel market worries about an increase has led to the nickel market seems to have some emotion. This, however, has not clearly reflected in LME nickel prices, remain strong, reflecting the continuity of nickel shortage.
Continued strong nickel China is the main reason why this year's stainless steel production and nickel demand show significant strength, This has been offset by declines in other areas. China's stainless steel production appears to be to double the level of last year operation, Despite the efforts of the Chinese factories are switching to low-nickel content of products, but it is enough to alleviate the current tension.
Short time, Norilsk Nickel City Dudinka the floods will reduce Russian primary nickel exports to Europe. This may be sufficient to enable the next few months to maintain market tightness. We are, however, the second half of 2007 nickel prices will stabilize at the current high price level of tension is increasing.

[Carbon manganese ]Carbon ferromanganese market price confusion

Recently, carbon ferromanganese market remained at a fairly stable state, FeMn75C2.0 market mainstream products of carbon ferromanganese prices now somewhat confused. 10000-13000 yuan from the Price have, However, the turnover of the real product prices in the mainstream 11500-12000 per metric ton around. MnFe78C2.0 of carbon ferromanganese prices around 13000-14000 yuan per metric ton. Shanghai traders have already reported 14,200 yuan metric ton. MnFe78C1.5 of carbon ferromanganese prices in the price per metric ton about 14000-15000, These two products prices are great regional differences, Sichuan as part of the MnFe78C1.5 carbon manganese Price reached on 14500 yuan per metric ton. But buying lattice, in the northern region probably around 13500-14000 yuan per metric ton, South bid price than the north to the low number. Owing to the recent rise in manganese, employees said, and China's domestic manufacturers and traders Australian ore negotiations, not talk down prices. Australian traders now 45 grade ore is still in the month nearly 3,000 yuan per metric ton.
In the prices continue to increase the cost of production manufacturers, ferromanganese prices fell sharply order is not realistic.

[manganese ore] imports of manganese ore prices continued rising

Recently, the domestic price of imports high manganese market to settle down, it was learned that Brazil imports Mn> 45% (size) the market price per metric ton at 58-60 degrees. 37% of the market price per metric ton 45-48 degrees; Imported from Australia Mn44% (block) Market Price for 62-65 yuan per metric ton, At present, the port Gabon manganese resources is still small, the basic Price 60-62 million metric ton degrees.
Judging from the current domestic and imported manganese ore market, the volume of the port has increased relatively early stage, But traders in foreign ports Price remains high, according to traders reflected a port, Recently Zhanjiang port will have several shipping small quantities of manganese ore imported from Australia to Hong Kong However, the total number of ports spot and not fully satisfy the domestic demand, Recently, all projected manganese alloy and manganese ore market prices will maintain a high level of the country.

[manganese ore]European manganese ore spot market price of a new high

read more
Due to some major manganese producers delay in production, the European market spot prices manganese new highs. The spot market, 48-50 manganese content of manganese ore FOB price from 3.10--3.30 U.S. dollars metric ton rose to three degrees . 30--3.36 U.S. dollars metric ton degrees.
Large Manganese Mine, manganese ore prices because of a surge in demand for manganese ore in China increased substantially, and the majority of large suppliers are unable to supply China. And also refers to 30th because of power supply problems impeded transportation, thereby reducing Azul mine output and will be cut off beginning June 6, the Ukrainian Privat Group in the acquisition of the mine, reduction of the Ghana Mine exploitation. Extension and the secretary must have encountered some problems but not full production capacity.
Certain producers said that some Chinese traders hoard goods made substantial manganese price to a high level, Manganese prices made up 5--5.3 U.S. dollars degrees metric ton (CIF).read more

[high carbon ferro manganese]2007 International manganese ferroalloy Forecast

Click to see more up-to-date information on manganese
According to the forecast 2007 world steel output growth lower than in 2006, estimated at 6%. It is expected that in 2007 the European silicon manganese ferroalloy prices buoyant demand will rise. HCFeMn poor market trends; Refining ferromanganese market price shocks is still high; Manganese output will be reduced and the excess supply situation will be better.
1, the European market will remain silicon manganese promising
As the world steel output continued to increase, silicon manganese prices will rise, but the trend of slowing down. 2007 first quarter of a European delivery contract bid last season not rise every 30 dollars, up to 650-670 euros. Rose reasons : (1) China to improve export tax and the proposed EU anti-dumping investigations, making it difficult to silicon manganese China to expand exports, China is to reduce the amount of exports; (2) India's 2007 fiscal year that the abolition of the 3% silicon manganese export tax rebates. As the market demand has slowed down and facing the supply structure of silicon manganese prices adjusted upward trend will slow down. In fact a quarter of this year, a number of European steel manufacturers to reduce steel output, Affected by this American SILICOMANGANESE some of the recent price drop is expected to become the future or will be. Because China silicon manganese ferroalloy exports increased by 5% of revenue, equivalent to offshore export prices every t increase of about 33 dollars in costs. Therefore, their export prices rose. Japan is expected in 2007 in Inner Mongolia Erdos and Jinzhou in Liaoning Province two new joint venture silicon manganese ferroalloy plant will be completed operation, would inevitably increase supply, China will need to further production and export volume.
2, high carbon ferromanganese market will become soft
First Europe and the United States will not optimistic about the market in Europe, It is expected HCFeMn it difficult to maintain the current price level. Because the United States HCFeMn recent market prices down, it may make the South African suppliers of export from the United States moved to Europe, Europe will force down prices, may also cause some European producers to cut production. In the United States, said to the United States Defense Logistics Agency (DLA) in 2006 importers huge amount of carbon ferromanganese, nearly 59,000 t,2007 will sell 100,000 t of stock this year, the United States had high carbon ferromanganese weak market demand, The United States is expected to make high-carbon ferromanganese prices fell to a low point. In Japan, from China's recent high-carbon ferromanganese CIF bid for 720-730 dollars /t; South Africa produced the phosphorus HCFeMn exports to Thailand, the Philippines and other market CIF prices not rising 50 dollars, up to 800 U.S. dollars.
3, refined ferromanganese market prices will remain high price of refined ferromanganese
operations after supply shortages and price increases, The market has steadily shifted. But prices will still remain at the top. Norway and South Africa, because the manufacturers are increasing their output, the supply of the market will play a stabilizing role. Last year, China's exports to the Netherlands by nearly 677 million tons refined ferromanganese, and because China increased by 5% export tax, Export prices rose by 50 U.S. dollars per ton. Evidently, this year China's export refined ferromanganese from the economic point of view is more cost-effective.
4, manganese ore output will be reduced and the excess supply situation will improve
last year for manganese ore prices than weak demand, To this end in 2007 some manufacturers have taken reduction measures. OM which Australia Ltd. layout Creek Mine announced that it would reduce the high cost of mining output, plans production in 2007 50-2000000 not. In addition, due to rising freight costs, the long-distance market also export volume will decrease. Accordingly, it is estimated that in 2007 the world's manganese supply would improve and prices will go up.

[Iron ore] China's demand for iron ore imports in 2012 before the annual growth rate of 8%

The world's largest iron ore producers in Brazil River Valley Company (CVRD) is expected, China's demand for iron ore imports in 2012 before the annual growth rate of 8%.
CVRD China Representative Boladinuo said recently, from 2007 to 2012. Global seaborne iron ore import demand will grow 250 million tons, of which 76% of the growth in China is expected to be contributed. Due to strong demand for iron ore in China, this year's global iron ore market will be very tight supply, supply gap is expected to reach 600 million tons. China to meet growing market demand. CVRD iron ore this year of its production from last year's 264 million tons to 300 million tons, The company expects its 2011 output of 4.5 million tons.

[High-carbon ferrochrome] active in the international demand for ferrochrome supply shortage

Because the United States ferrochrome market has become increasingly scarce and demand remained active, in order to stimulate the soaring prices. And innovation in January 2004 has been the most robust upward trend period. The recent high-carbon ferrochrome warehouse delivery prices increased by about 13% from 63-64 cents per pound rise to 70-74 cents. 60% chromium and carbon containing 0.15% of low carbon ferrochrome prices from 1.02-1.06 dollars per pound to a . 12-1.14; Chromium containing 62% carbon o. 1% from 1.05-1.08 1.20-1.25 U.S. dollars to U.S. dollars and 65% chromium containing carbon o. 05% from 1.16-1.18 1.25-1.35 U.S. dollars to U.S. dollars.
Kazakhstan and India supplier of a substantial increase in transport costs to lower prices and good export markets of Asia, corresponding reduced exports to the United States, leading to a shortage of supply and demand in the U.S. market. And the United States Defense Logistics Agency (DLA) recently sold reserves ferrochrome limited support to the market price increases. According to reports, in January and February by the Department to the market to sell 2,721 tons of high-carbon ferrochrome. And the European market with stainless steel and special steel production of the active and thus caused ferrochrome consumption and stimulate price increases. Which high-carbon ferrochrome recent price hikes of 11% from 67-72 cents per pound increased to 74-82 cents. It is estimated that the recent trend is still there.
Ferrochrome market due to shortage of supply and demand is brisk, it also attracted worldwide producers and consumers, especially in Europe and Japan to lower inventory levels. Even the world's major producers from the South African manufacturers also looking around the ferrochrome. Ferrochrome market supply shortage is the main reason for the near future worldwide new ferrochrome production capacity is very limited. While Russia is facing producers of chromium ore crystal-decreasing and the other due to a corresponding increase in domestic demand reduced exports. Some equipment manufacturers swooped from the production of chrome and into production ferrosilicon. But producers generally face a common problem of energy supply. India and China, but manufacturers have faced the same problem.

[HCFeMn] ferromanganese international market Retrospect and Prospect

Click here to see more information on Manganese

Recently the European silicomanganese and manganese ferroalloy market began to recover. The main reason is buyers worried that the EU may take anti-dumping actions and the production problems arising from the purchase of great interest. Manganese 65% of which standard price per tonne of silicomanganese increased 20 euro reached 700-720 euros and 68%-69 Standard% per ton increased 40 euros. European stock markets manganese ferroalloy generally lower.
According to the understanding, EU second quarter of this year delivered silicomanganese transaction price per ton increased to 15-35 euros 690-720 euros. Despite the recent Ukrainian producers Nikopol company silicomanganese exports to the EU, but because of high phosphorus, because customers do not want to use the EU to seek other alternative supplier. With the market and low stocks and strong demand, prices for at least the near term trend is still rising. Meanwhile, the European HCFeMn tonne spot prices have increased up to 30 euros 670-700 euros. However, Eastern Europe and Southern Europe phosphorus HCFeMn higher prices slightly lower only tonne respectively 670-690 and 685-690 euros euros.
European manganese ferroalloy market another reason for the rise is a major problem facing manufacturers to produce. In particular, Europe's largest high carbon ferromanganese producer CVRD in France RDME factories for the production have been shut down. But Nikopol company after previous private and state ownership dispute, recently reached full capacity started up monthly production of about 60,000 tons.
Silicomanganese European market stability arising from the rise of India also of great interest to producers, and in 2006 prompted the EU to double the export surge up to 14 million tons. But India's recent export Price has been increased more than 10%. 65% up to the level of 800 U.S. dollars per ton FOB and secondary materials for 740 U.S. dollars per ton FOB. In addition, Macedonia silicomanganese producer Scopo Jele Guliku companies last year due to power supply problems had to close its two electric furnace. But which one in October 2006 to resume production and current monthly production capacity of 4,000 tons, Most of the domestic sales and exports to the rest of Italy. And the second furnace is estimated that this year re-started in July and will enable the monthly production to 10,000 tons. Also, the Company plans to the end of this year will also produce high-carbon ferromanganese.
American market because of silicomanganese buoyant demand and production problems caused recent spot price per ton increased by 44 U.S. dollars to 92 6-970 dollars. In particular, the United States is the main producer silicomanganese Ferm ín company technology and the power supply resulted in serious losses. West Virginia, which is located at the three factories owned electric furnace. Day one of the largest production capacity of 180 tons a day but only started a few hours, and the other two days off to just 90 tons, respectively, were closed. So the Nissan plant will reach 360 tons of cases, the actual production is only about 70 tons. However, as the weather turned hot and equipment maintenance have begun to resume production, thereby increasing yield pick-up. With Mexico producers meters Laaotelan companies in the 10 tamos furnace explosion occurred last year after a complete repair Minute and reaches full capacity, thereby greatly ease the manganese ferroalloy market supply shortage situation.
Japan's imports from China also faces manganese ferroalloy prices upward pressure. The major reason is China's export tax increase, followed by China's imports of raw materials rise in the cost of manganese ore. To this end, the recent Japanese imports from China tonne silicomanganese prices rose by 40 dollars to 760 U.S. dollars per tonne CIF. And high-carbon ferromanganese prices have reached 720-750 U.S. dollars per ton FOB. Recently, the price of China amounted to 5,400 yuan per ton.Welcome to www.chinaferroalloy.com

[silicomanganese ] 4 months silicomanganese silicon-manganese export volume is still high-ranking

April 07 China exported 64,377 tons of silicon-manganese, though March exports 72,578 tons, ring a reduction of 12.3%, but over 06 years the highest export 600,000 tons, still the biggest high.
Compared with March, China to Japan, Korea, Taiwan's exports have been reduced China's April exports to Japan silicomanganese 262.17 million tons, compared with 31,117 tons in March decreased by 16% in ring Korean exports to 2,056 tons, compared with 7,029 tons in March decreased by 71%; link to the 8883 Taiwan exports tons, March than 11,448 tons ring than to reduce 22.4%.
April 07 China imported 555,270 tons of manganese ore than March imports 538,269 tons, Central than the increase of 3.1%, total imports of high-ranking, 07 for the first four months of imports of the highest volume. Manganese in imports, the Australian mining still accounted for the largest proportion of Australian ore imports were 266,947 tons, accounting for 48% of imports, Gabon followed by ore imports were 12,276 tons, accounting for 20% of imports.
April imports of Australian ore than March imports 285,372 tons 18,425 tons, a decline of 6.4%. But Gabon ore import volume in March imports 67,680 tons 199,267 tons, a rise of 294% ring.

[Steel] China's exports to check the international steel prices

China's steel imports from net to net exports will put an end to international steel prices rising four years in office. This year, China's steel exports to the EU will reach 1000 to 12 million tonnes, accounting for the EU steel imports one-third of the volume, Last year, more than 500 million tons.
Past 18 months, China's steel exports increase. In 2005, China or steel importing country. In 2006, China's net exports of steel and 3.5 million tons. Four of the past trend in the year as China's steel exports may reach 70 million tons. This will put an end to the past four years, the international steel prices doubled in the history of the steel company's profits will also be affected.
International steel industry fears that China's iron and steel industry with less force than expected. Last year, China's 10 biggest iron and steel enterprises in the country's production accounts for only 34.9% of 2004 and unbiased. Small iron and steel plants fueled heavy investment in China's steel industry output.

[Ferro molybdenum, vanadium Rail] International ferroalloy market Retrospect and Prospect

Mo : Despite the recent European MoO3 costs are still stable. However, the China factor by the support and active market demand stimulus, which would cause the price rebound from 25-26 U.S. dollars per pound to 27-28 dollars. Rail molybdenum prices even more robust upward trend, from 61 dollars kilograms drama risen 71-72 dollars even recently is expected to further expected to rise 80 U.S. dollars. Molybdenum and may upwards to 30 dollars.
As for the United States market, even though the cash sales of ferro molybdenum become stable, but supply drop thereby causing prices to rise to 28-29 dollars per pound. And because of low stocks and generally buoyant demand, it is estimated that the recent rise further to 30 dollars. However, the United States Molybdenum market prices relatively slow upward trend is only 25-26 dollars per pound. but the obvious rise in the future unlikely.
Statistics show that in 2006 the world's molybdenum consumption amounted to 393 million pounds, compared with 8.9% growth in 2005. Global supply by as much as 396 million pounds a slight increase of 1%. Molybdenum mineral output, including 388 million pounds a slight increase of 1% from the Waste and Recycling catalyst eight million pounds. So that the 2006 world molybdenum in 2005 from the surplus of 31 million pounds dropped to 300 million pounds. Iron and molybdenum from the average price in 2005 of 79.69 U.S. dollars per kilogram decreased to a high point of 59.1 in 2006 5 dollars, a drop of 25.8%. Molybdenum and 32.60 U.S. dollars per pound from the historical record level dropped to 25.09 U.S. dollars, a drop of 23%.
Projected 2007 global molybdenum consumption will be further increased by 2.3% to 402 million pounds. And molybdenum supply grew by 2.8% to 407 million pounds. including molybdenum mineral grew 2.8% to 439 million pounds of molybdenum and Recycling at eight million pounds. Thus excess capacity supply and demand slightly rose to five million pounds. However, in 2007 the average price of molybdenum iron than in 2006 increased 2.3% to 60.50 U.S. dollars per kg and oxidation Mo average price per pound increased 1.2% to 25.38 U.S. dollars.

[Ferrochrome] domestic ferrochrome market is facing tough challenges

First half of 2005, the world's high-carbon iron production and demand Ming has been on the rise, but the market supply shortfall of about 60,000 metric tons; stainless steel production leading to the second half of ferrochrome consumption decline, the market began to supply surplus, the surplus amounted to 152,000 tons. 2005 world high carbon ferrochrome output of about 5.967 million tons, total consumption of 5.951 million tons, supply (production + inventory change) for a total of 6.043 million tons; 2005 annual surplus of supply staff to 92,000 tons. Under its impact, in 2005 the international market ferrochrome prices showed the first half of the rising trend in the second half of the decline. The first half of ferrochrome prices is the main reason for the high growth in demand for stainless steel and ferrochrome supply shortage. 2005 China High-carbon ferrochrome consumption has increased drastically, Martin ore import volume reached a record 310 million tons. China chromium ore lack of resources, coupled with poor quality ore, the bulk of the resources located in remote areas, transport difficulties, Higher freight rates, as a result of domestic ferrochrome enterprises are more likely to use imported ore, thus chrome ore imports in recent years to maintain rapid growth.
Statistics show that China imports 06 ferrochrome 450,000 tons and domestic consumption ferrochrome at 90 million tons, chrome ore imports reached 24.3 million tons, with 05 remaining 50-100 million tons of chromium ore, domestic consumption of 500 million tons or less, in which case the import : India 1.34 million tons, 244,000 tons Iran, Kazakhstan 144,000 tons, 740,000 tons of Turkey. Total chromium ore imports about 2.47 million tons.
Chrome ore imports showed an increase of ferrochrome output growth Local ferrochrome output growth and reduce the number of manganese and iron, nickel iron production being switched to some extent. In 2005 the first three quarters of the international and domestic manganese ferroalloy market has been sluggish, prices slumped. the end of the Japanese domestic market for high-carbon ferromanganese prices of 650 U.S. dollars metric ton. The beginning of the year 1050 U.S. dollars metric ton decreased 38%. Manganese ferroalloy enterprises with declining profitability, and losses increased, some enterprises have produce ferrochrome. thus enabling ferrochrome output grew rapidly to 06, ferrochrome production maintained a stable trend go up, ferrochrome price performance and smooth operation, but in 07 years, in particular India restrictions on exports of chrome ore, Chromium ore import prices substantially higher, and the state differentiated pricing, coke and transportation costs have always maintained a strong upward trend, ferrochrome factory profit margins are being squeezed, meager, even non-profit manufacturers in the fierce competition in the market to support the normal operation of manufacturers, production, produce manganese alloys, Nickel-iron frequently, although the ferrochrome market price remains high But in fact businesses are now faced with a daunting market challenges.

[EMM] Electrolytic Manganese modest decline in the price factor analysis

This week, the main producing areas Electrolytic Manganese Price mainstream manufacturers in 28000-29000 yuan per metric ton, the market price stable. In the run-up to a two-day weekend, EMM 28000-28500 per metric ton in the price range of some Xu drop According to the analysis of its causes is : a near end, manufacturers need to increase liquidity to pay water, electricity costs and staff costs spending, So take a small portion of output, ease enterprises liquidity pressure. 2 Meanwhile some market participants face the risk of growing market is quite cautious, hands have started selling the spots. spot market supply increased Electrolytic Manganese market price momentum is obviously insufficient, prices began to fall.
However Electrolytic Manganese production costs of manufacturers, Production costs are still high-ranking powerful support to the sales price Electrolytic Manganese, in the supply of raw materials can not ease tensions and various raw materials prices were also rising trend circumstances, Electrolytic Manganese prices high WATER situation will continue.

[ferroalloy]In recent years the Chinese government for the ferroalloy industry policy

An iron export tariff adjustments
December 29, 2004, the Ministry of Finance, International Administration of Taxation issued a notice Since January 1, 2005, the abolition of ferroalloy commodity export rebate policy
January 1, 2006, country in 2005 lifted the export rebate ferroalloy product expanded to silicon metal, such as molybdenum.
November 2006. Tariff Commission, the State Council on the adjustment of import and export commodities tentative tax notice issued, The policy has adjusted some of ferroalloy products new export tariffs and some new alloys export tariffs. Its policies relating specifically : ferrosilicon, silicon, manganese, ferromanganese, ferrochrome alloy four ordinary varieties export duty from 10% to 5% increase for the new ferrovanadium, and ferro molybdenum, tungsten alloy and iron special varieties of export tariffs on 10%.
May 21, 2007. May 21, 2007 Information Office under the Ministry of Finance issued a "recent China will adjust the import and export of some commodities tariff "notice, since June 1, 2007, China will adjust the import and export of goods tariff, ferrosilicon, and ferrochrome export tariffs from 10% to 10-15%, silicon metal is implemented zero tariff.
2
ferroalloy industry access to the country beginning in 2005 ferroalloy industry access audit.
January 10, 2006 the State Development and Reform Commission of publicity with the first batch of "ferroalloy industry access conditions," the 70 ferroalloy Production company list.
November 2006 publicity official with the second batch of "ferroalloy industry access conditions," the 113 ferroalloy production enterprises industry list.
March 2007 formally announced with the third "ferroalloy industry access conditions," the 282 ferroalloy production enterprises list the next fourth, fifth will be gradually introduced.
3, differentiated pricing
September 2006. Office of the State Council transmitted the "National Development and Reform Commission on improving differentiated pricing policy" (SCS [2006] 77), provides for electrolytic aluminum, ferroalloy, calcium carbide, caustic soda, cement, steel, phosphorus, Zinc Smelting eight energy-intensive industries differentiated pricing policy clear on these trades out of class and restricted enterprise implementation of the fare increase consumption of time and standards, It also provides locality shall on its own energy-consuming enterprises preferential rates have preferential price must immediately cease to be implemented. From October 1, 2006, eliminated a category increase cents restricted fare increase 3 cents; From January 1, 2007, out of class fare increase of 10 cents 5 cents, restricted fare increase four cents; From January 1, 2008, out of category 2 cents increase, restricted fare increase of five cents. Specific implementation, in light of the actual local governments can further improve standards.
April 2007 mid-Development and Reform Commission, the Electric Power Supervision Committee, the deadline to implement differentiated pricing policy immediately to stop the implementation of the introduction of high energy-consuming enterprises preferential tariff measures At that time, 14 provinces under various names to the introduction of high-energy-consuming enterprises preferential rates. National Development and Reform Commission, the State Electricity Regulatory Commission will send ten inspection teams, From 2007 five months late, right across the country implement differentiated pricing policy of supervision. The nationwide price rise led to all ferroalloy product cost increase, market prices began to rise.

[Rare earths, tungsten, molybdenum and indium] China's use of tariff adjustment lever rare metals exports

The Chinese government is frequently used tariff lever to improve Tungsten, rare earth, molybdenum, and other rare metals export products threshold, to curb domestic exports malformation disorder, the protection of these strategic resources are not over-rapid consumption.
Since June 1, the Tariff Commission, the State Council decided to tungsten, Molybdenum and other domestic rare earth metal ore scarcity of products to export 15% of the provisional tariffs; on rare earth, dysprosium oxide, Tb4O7 products export levy of 10% of the preliminary tariffs; of molybdenum oxide, ammonium molybdate, Molybdate the introduction of products such as 5-15% of export tariffs. And in the 1980s and 1990s, China's export of rare metals implementation of the export tax rebate tariff policy. State Council Tariff Commission, the Advisory Committee Tunrongqiang experts said that the abolition of all rare earth and tungsten. Molybdenum and other rare metals export rebate to the ever-increasing export tariffs, These changes show the Chinese government's export control policy of rare metals accelerated pace. Tunrongqiang is on the 27th at Nanchang in Jiangxi end of the China Tungsten Industry seminar on the market situation made the above remarks.
Rare earths, tungsten, molybdenum and indium dozens of rare metals, and other non-renewable important strategic resources, widely used in the defense industry, aerospace, information industry and the manufacturing industry. China's reserves of rare metals variety of the highest in the world.
W is known as "industrial teeth," said. Notably, the current tungsten goods export tariffs from 10% to 15% This is the Chinese government since last year 4th adjustment tungsten export tariffs. China Tungsten Industry Association executive vice president KONG Zhao Qing said that the reserves reduction, domestic demand increased, The Chinese government constantly raising export tariffs, boosted tungsten export threshold is the general trend.
The China tungsten reserves the highest in the world. Today, the world annual consumption of industrial tungsten tungsten resources by at least 70% supplied from China, China tungsten reserves in the world share of the decline. The latest data show that in the world based on reserves of tungsten, China accounted for 35.5%, Russia 13.5%. In earlier years the statistics, the proportion reached 45% in China.
declining reserves and contrast that with the economic development of China's domestic tungsten consumption is rising rapidly. In 2006, domestic demand for tungsten metal quantity over 23,500 tons, up 5.4% compared to 1997 more than doubled.
Deformity to curb export enterprises to meet domestic demand, as early as in 2005, The Chinese government has started to adjust its rare metals export tariffs, but the results are far from obvious. Rare earth example, in 2005, China Rare Earth products to abolish the export tax rebate policy, in November 2006. China has the rare earth oxides 10% of export tariffs. But the country is still rare earth export volume increasing rapidly, now the world's annual consumption of at least 80% rare earth resources by the Chinese supply, Compared with 1990, China's rare earth export volume has doubled in the nine times.
China Rare Earth reserves the highest in the world, marked mainly concentrated in the Inner Mongolia Baotou and Ganzhou in Jiangxi two places. Judging from the present rate of consumption, the world's largest rare earth mine in Baotou Baiyunebo deposits will disappear in 30 years; "Tungsten is the world," said the Jiangxi Rare Earth resources of the ore mining completely within 20 years.
Long-term follow-up study of rare metals market Nonferrous Metals Industry Management Office Raozhenhua said, For precious rare metals resource, and if we do not economize use, and let enterprises blindly excessive production and exports, will be bound to come to shortage of resources, affect the development of the national economy.
"This rare metals export tariff increases again tightening control is a clear signal. "Tunrongqiang that Chinese government will make sure that the market continues to reflect increases in rare metals export tariffs, The adjustment scope for export depends on the current execution of the tariff policy that the actual results.

International high-carbon ferrochrome prices continue to rise

Click here to see more information on Chrome

International ferrochrome prices continued to rise, particularly in Europe and the U.S. market goods in short supply, prices prompted Europe and the United States shot up, High-carbon ferrochrome prices have reached a dollar / pound more, for the Asian market, China's high-carbon ferrochrome prices slightly weak performance. @ American high carbon ferrochrome (60-65%Cr) from January of 66-68 cents /pound soar to 101 in May 107.5 cents, an increase of 55% in Europe (62%Cr) reached the 75% increase Japan (50-55%Cr) rose up to 27.7%, can be seen compared with the European and American market trends in Asia ferrochrome relatively slow. @ Reportedly, the international third quarter of high carbon ferrochrome negotiations have begun, South African enterprises against price that has to retain the upward trend, the European stainless steel enterprises that the third, Fourth quarter steel is low season, and the price of raw materials has also reached the highest point in recent years. weakened demand in the market circumstances, will be somewhat lower, with the specific details still talks.

Industrial silicon recent spot market prices rise slightly

Last week, the industrial market as a result of industrial silicon silicon production cost to increase the overall Slight rise. Of which 553 silicon metal per ton FOB price for 1120-1140 and 441 dollars for 1160- 1,180 U.S. dollars. Because of improper hearsay affected by the tariff. Because many customers worried that industrial silicon charge export tariffs and advance add enough stock makes industrial silicon relatively early stage big rise, but clearly not levy export tariffs on industrial silicon, silicon metal prices rise gradually slow down, Recent industrial output silicon as little change supply and demand has stabilized.
Silicon metal market in Europe because of supply constraints and buoyant demand, so that the prices at the end of last year continued to rise after King high point is still a strong trend : and because there is no indication that the supply will be significantly increased, the strong short-term market movements will be hard to slow down.
Although market prices tend to rise, but because of the energy shortage. Spain silicon metal producer Atlantic ferroalloy company branches in France recently remained closed all the smelting furnace. And Norway Fesil company is facing the problem of power shortage and Aierkemu companies to be closed by the end of the annual production capacity has reached 25,000 tons of smelting furnace, but estimates the near future to resume production. In North America, some of the major producers such as global metallurgical companies and Silicon than Kankeer anvil companies are due to inadequate supply of electricity by the impact. Although Brazil manufacturers reached full capacity, it is difficult for the market to make up for the shortfall. Kazakhstan is about to enter the international market of silicon metal. Producer for LLP companies, investment 60 million euros from Germany Thyssen Krupp company to buy equipment, Annual production capacity of 2.5 million tons, 2008 was completed and put into trial operation.
Light of the above. With European producers and the recent delivery of the second quarter of this year prices for metal silicon, corresponding strongly compressed spot market sales, the European market is still more recent price increases. It is understood that the second quarter of this year the European market transaction price per ton to further improve the 20-30 euros As a result, the new bid of 553 silicon metal prices in 1430-1480 euros per ton and 441 to a tonne 500-1550 euros. It is estimated that the American market may silicon metal prices relatively stable in 2016-2128 dollars per ton. Most of the customers this year bid contract to meet basic needs, the spot market price fluctuations will not be too great.

European ferrovanadium market prices continue to drop slightly

From May 25 British "metal Herald" (MB) of vanadium products in the market rates, Strain ferrovanadium market in Europe is still in the declining trend of small, to Friday prices had declined to 37.6-39 U.S. dollars / kg of vanadium, and V2O5 prices will continue to remain at 7.7-8.1 U.S. dollars / pounds of vanadium, the U.S. market ferrovanadium have temporarily stabilized at 18-20 U.S. dollars / pounds. A trader said current market demand is weakening ferrovanadium market price decline mainly As before V2O5 market prices rising, ferrovanadium, taking advantage of the favorable rise a lot, Now once a market demand and prices are declining to be normal, He also said that the current market for vanadium products demand is still relatively short, the short term is difficult to 1,207 possibilities.

European ferro molybdenum market prices continue to rise slightly

Welcome to www.chinaferroalloy.com
Tuesday China's State Council announced the Tariff Commission from June 1 adjustment in the ferroalloy product export tariffs in the paper , which makes the international market molybdenum market prices continue to rise slightly. Wednesday and Friday from the British "metal Herald" (MB) of the market price, Molybdenum iron in the European market have soared to 78-79 dollars / kg molybdenum, locally in Rotterdam rose to 75-77 dollars / kg molybdenum, Molybdenum and in the European market also continued to rise to 33-34 dollars / pounds of molybdenum, the market situation, Although a certain degree has been our policy factors. But traders said that the European market at present there is still demand for, and many of the end-user demand in June remained relatively brisk, So there is demand in the market, based on the Chinese government's policy on the export promotion, European markets molybdenum prices continue rising trend.

Asian markets offset by strong demand for nickel market Europe and the United States to reduce consumption

CRU data that the second quarter of 2007 World stainless steel output will reach 7.755 million tons, first half output will reach 15.515 million tons, of which the European output 4.554 million tons, North American output 1.2356 million tons, the production for the Asian 8.942 million tons, World output of 15.515 million tons, 7.8%.2007 over the same period last year, an increase of the first half of the world than the austenitic stainless steel remained at 75.8% than the same period in 2006 decreased by 1.6 percentage points.
Europe and the United States, the stainless steel market increasingly pessimistic atmosphere thick and reduced orders, large imports from China muscled into the stainless steel market, basic prices decline had prompted the European stainless steel production enterprises in the first quarter of the output of the second quarter may also need more production, the United States was not spared, in order to reduce inventory service centers, from the end of 2006, production began, 2007 a quarter of this two stainless crude steel production has been reduced by 0.2%. Second quarter may also fall 8.6%, although the two regions in the world economy is more important. But their output is no need to be overly exaggerated, in 2006 Asia accounted for the world stainless steel production 53% in 2007 the ratio will increase, for a quarter of China's output has increased 30% to 58%.
Europe and the United States stainless steel production happens with a number of companies to reduce Nickel Stainless share encountered together by the end of April, Posco announced that it has developed a ferritic stainless steel. Its performance is similar with the 300, but cheaper by half, Baosteel announced ferritic stainless steel from more than 26% in 2006 to 40% 2007 a quarter of Japan's 300 stainless steel from the ratio in 2006 dropped to 62% in 2007 58.8%, which in Europe and the United States have arisen. The world is expected in 2007 the ratio of austenitic stainless steel from 2006, dropped to 67.2% in 2007 65.0%. Global stainless steel output continued to increase, 300 stainless steel output is growing, Therefore nickel prices rose still exists the possibility that only a small range.
2007 a quarter of the global primary nickel consumption 7.2%,4 increase over the same month a similar situation, 5,6 in the volume of shipments has been a marked slowdown in the stainless steel factory Europe and the United States to delay the shipment, But Asia, particularly China, are still very strong consumption, a quarter of China's nickel apparent consumption increased by 52% to 86,000 tons, the second quarter are expected to increase 30% Japan's nickel consumption has increased slightly, stainless steel and stainless steel areas have contributed to the field.
Integrated view, the Asian nickel consumption offset by the increase in consumption in Europe and the United States drop Globally nickel consumption is still increasing, the year of nickel consumption growth will slow down, from the Asian market, strong demand for nickel prices will prevent the second half of 2005, there have been a significant decline.

China will dominate the world market Ferroalloy

The development of the iron and steel industry led to a global increase in demand ferroalloy, and the Chinese ferroalloy production capacity and output, China's demand for iron. Ferroalloy production and supply costs in the world ferroalloy users and producers have a major impact. Looking at the present situation, at least in the year 2010, China in the world ferroalloy consumption and supply-side dominant position will not change. Ferroalloy international market will largely depend on the Chinese ferroalloy industry in the development of world steel production.
CRU International Company estimates that before 2010, world crude steel production will increase by 262 million tons, in 2006-2010, the world crude steel grew at an average rate of 4.30%. In the year 2010, with China as the dominant Asia will increase by 203 million metric tons of steel output, About three-quarters of the incremental crude steel from Asia.
2006, in addition to China and India, the production of stainless steel has increased significantly, Europe and Japan, The United States has a stainless steel production increased in varying degrees. In early 2006, the world stainless steel production declined, however, to take a number of corrective measures, 2006 world production of stainless steel market growth by 5.9%, higher than the long-term growth rate of crude steel. It is estimated that by 2010, world stainless steel output will reach 33.4 million tons.
Stainless steel output growth, there will be the problem of unbalanced growth. CRU International estimated 2006-2010, the Chinese stainless steel production will increase to 6.8 million tons. In the past five years, China will continue to increase investment, the market demand will continue to expand, Stainless steel output tripling in 2010 to reach 10.4 million tons.
International market demand for iron since 2001, world crude steel production increased dramatically. yield a net increase of more than 300 million tons, which makes global demand for iron increased dramatically. 2002-2004, China's apparent consumption of the increased exposure in other parts of the world to reduce demand.
2005, in addition to China other than the reduction of steel output, World demand for ferrosilicon a 4.3% decrease. Western countries of ferrosilicon, and silicomanganese high-carbon ferromanganese and the sharp decline in demand. 2005 China's apparent consumption increased again to further obscure the territories outside China and the country needs drastic cut ferroalloy few facts. @ The second half of 2006, China's steel production was down 13% from the first half of the 5% The demand for iron growth is slowing somewhat, which is that many people in the trade optimistic about the market in 2007.
2007-2010, the global ferromanganese and ferrosilicon demand will continue to rebound. World demand for ferrosilicon will gradually close to the world demand for crude steel output growth. CRU International Corporation expects in 2007-2010, World ferrosilicon apparent consumption growth rate of 5.1%. annual consumption in 2010 nearly 5.28 million tons of silicon content. As the steelmaking unit consumption changes and the impact of China, 2006-2010, silicomanganese world consumption growth rate of approximately 60%. The next few years, refining and high-carbon ferromanganese 7-3 demand growth will slow down significantly.
High-carbon ferrochrome in the world of apparent consumption in 2010 will reach 7.89 million tons. By 2010, China's demand for ferrochrome is expected to reach 2.39 million tons, around the world the next five years three-quarters of the growth in demand.
J.P.de Linde forecast, in the year 2010, in addition to ferrochrome, China in the world ferroalloy market share will continue to increase. Western Ferrosilicon enterprises, as the market and cost factors, the immediate and long-term market prospects will be quite different.
Because electricity and rising production costs, Ukraine and Western countries ferrosilicon future industrial production expanded less likely. Although in recent years the global annual output of ferrosilicon will be increasing at a rate of 5.6%, but most of the growth will come from China. Before 2010, China's ferrosilicon exports mainly depends on the volume of domestic production and output growth, and domestic demand increases. J.P.de Linde, Although the Chinese government and ferroalloy production, "a high-two" restrictions on the export of products, However, the Chinese ferrosilicon exports in the 2007-2008 period, will continue to increase. Western countries to compensate for the production decline.
2004 global production of high-carbon ferromanganese led to a substantial increase in the surplus market, in 2005, silicomanganese production began to increase and the rates are higher. CRU International estimated that the world ferromanganese 2006-2010 the average growth rate of 4.6%. Meanwhile, despite China's 2006 high-carbon ferrochrome output growing faster, but the next few years China's growth rate will slow down, 2010 China will import ferrochrome increased to 150 million tons.
Ferroalloy production stage by entering the high cost of the oil price increases and new generating capacity needed of the impact of Price will be in many countries continue to climb. Before 2010, many ferroalloy enterprises will continue to bear the rising price pressures, especially in China. When introducing the mechanism of competition into the electricity market, the market price for iron enterprises will bring obvious opportunity cost. Most of the ferroalloy plant, the load is adjusted to control price increases in major ways. Meanwhile, the season and time-of-use tariff is lower tariff rates effective way. These China is particularly important, even in 2002 and 2005, electricity prices in China have not increased markedly. its costs have been higher than the world average level, such as pricing and unit consumption combined China's power cost is far higher than Western countries.
2002-2006, the world's ferromanganese surge in the cost of production, This was mainly due to prices of manganese ore and coke prices rise Meanwhile freight also led to a rise in raw material and transport products shipped, the cost increase. In early 2006, as manganese and coke supply surplus, and the prices have come down significantly, ferromanganese production costs drop This, to a certain extent, offset by increases in the prices of electricity. From the second half of 2006 onwards, manganese ore and coke prices constantly rising, So the next few years ferromanganese production costs will continue to rise.
In the next few years, Ferromanganese different factory production and the competitiveness of silicomanganese mainly reflected in the cost of manganese (and the rich ore slag) and manufacturing cost differences . As high-grade ore market price has gone far beyond the mining and transportation costs, Manganese those enterprises with significant cost competitive advantage.

ALSK January-April imports to clear ports ferroalloy products over 100,000 tons

According to statistics, from January to April this year, from ALSK entry point to the relevant chromium iron, silicon chrome iron, Total silicon-manganese ferroalloy 111,100 tons, accounting for the same period of cross-customs clearance of imports of goods to South Korea 61.2%, these products are to leave Qingdao Dagang, which are sold in Korea, Japan and other countries.

Ferrochrome strong international demand for ferrochrome market remains strong

According to market sources by the end of April, the international market demand for high-carbon ferrochrome strong Indian ferrochrome market is also very strong.
A trader said, ferrochrome supply remains scarce and demand is extremely strong. 60 # high carbon ferrochrome prices at 45,500 rupees (1,087 U.S. dollars metric ton). Similarly, low carbon ferrochrome supply is very tense, Mumbai, India Newport low carbon ferrochrome price of 1.25 U.S. dollars / pounds. 0.1% carbon and low carbon ferrochrome warehouse transaction prices of 87 rupees / kg. However, the trader to 1.22 U.S. dollars / lb contract price to purchase 100 tons of this low-carbon ferrochrome. Another trader said that the high-carbon ferrochrome demand is still very strong, 60 # ferrochrome price of 90 cents /pound. Bags 0.1% carbon and low carbon ferrochrome Bombay Newport CIF - 1.30 U.S. dollars / pounds. Said one consumer to high carbon ferrochrome price increases and the continued growth momentum almost out of control.
Allegedly due to strong demand in the international market, the local ferrochrome supply tensions. 60-65# high carbon ferrochrome shipped to consumer prices for manufacturers 48000-50000 rupees / t (1146- 1,194 U.S. dollars metric ton).

Ferrosilicon international market trend analysis 2007

United Kingdom (metal Herald Studies) (MBR) has recently released a report that, in recent years because of the market demand to remain brisk, thereby stimulating international bulk ferroalloy prices tend to rise so strong. Recently the European Rotterdam spot market 75% ferrosilicon Silicon delivery price per ton improved to 20-30 U.S. dollars per ton 8 90-950 dollars later, the market outlook is increasingly strong. Especially in the light of the EU might of China, Russia, Kazakhstan, Egypt and Macedonia and other countries, anti-dumping investigations, which will support the market demand and purchase; and this may lead to a new EU anti-dumping in recent years is mainly due to unusually active market demand and prices continue to rise . And it is estimated the first half of the year despite not necessarily anti-dumping, but if the effect of retrospective, Therefore European consumers worry about the end of the normal supply order : In addition, as a result of the Asian freight increase Each of these standard containers from 50 dollars to 70 dollars, and the trend is still upward trend. Ferrosilicon market also contribute to the further rise.
First quarter of this year, Lattice European ferrosilicon piece tonne increased 60 euros to 800-820 euros, but because of the rise in the second quarter further 810-850 euros. Meanwhile, as China strongly control of energy-intensive industries and smelters home the rising costs, Ferrosilicon prices so as to stimulate the rise. And the spot market in the United States tends to firm prices. Warehouse delivery prices reached 960-990 U.S. dollars per ton. Japan's recent import prices per ton increased 20 dollars to 845 U.S. dollars per tonne CIF.
Statistics show that in 2006 the world's ferrosilicon consumption reached 3.77 million tons, than the 9.5% growth in 2005 with the European (including the CIS) to 115 million tons of 6.3% Asia (including China) to 205 million tons in 12.9%, North America for 355,000 tons, remained at the previous year's level, and other parts of 21.5 million tons rose just 1.9% compared to 2006 Global ferrosilicon production capacity of 3.625 million tons, than in 2005 rose by 1.4% thus make the world supply and demand situation ferrosilicon from the 2005 surplus to 132,000 tons into a deficit in 2006 of 145,000 tons. And the European market prices from the first quarter of 2006, the average 777 U.S. dollars per ton to the continuing rise in the fourth quarter of nine 35 dollars, for a total increase of 20.3%. The average price for the whole year in 2005 from 779 U.S. dollars per ton to 870 U.S. dollars in 2006. increase of 11.7%.
Estimated that in 2007 global consumption of ferrosilicon continued growth of 3.1% to 3.885 million tons. Europe increased slightly with 1.16 million tons, a 4.9% growth in Asia further to 2.15 million tons, North American growth of 1.4% to 360,000 tons, and other areas remained in 215,000 tons. It is expected that in 2007 the global output of ferrosilicon will grow 7% to 3.88 million tons. Evidently. Global volume Ferrosilicon supply shortfall will be reduced to only 5,000 tons. The corresponding average annual price will drop to 826 U.S. dollars. However, the first quarter of this year reached 910 U.S. dollars, the second quarter fell to 880 U.S. dollars. further dropped to the third quarter of 795 U.S. dollars and the fourth quarter fell to 720 U.S. dollars continued.

Manganese alloys unadjusted tariff regards to how silicomanganese

"The State Council tentatively adjusted merchandise import and export tax notice," the official promulgation, 14 tariff numbers involved ferroalloy related species, which ferrosilicon, and ferrochrome export tariffs by 10% is raised to 15% again so ferroalloy industry is particularly concerned. However, the current abnormal fiery manganese alloy is not the time to adjust to the series, which will allow the industry feel it was an accident But at the same time they are also worried about the manganese alloy market will be influenced by this, the outlook silicomanganese prices will begin to come down.
According to industry analysts believe that this increased export tariffs on silicomanganese market will not have any impact, are due to the following points :
1. Manganese can not be imported to meet the current market demand. Because manganese imports and the serious shortage makes producers without raw materials production, a direct result of the overall production decline.
2. Markets have enough supply capacity. As the state control of energy-consuming industries growth and not to enter the restricted list and eliminated category ferroalloy enterprises differentiated pricing, and other regulatory measures. Leading to the production enterprises can not fully silicomanganese production inputs, this one, the yield will drop. Availability of natural on the quantity can not be met, thus leading to social tension resources, procurement difficult.
3. Domestic demand will not be reduced. I understand the domestic network currently demand, and no signs of abating. Although the steel mills are substantial replenishment of stocks, but the market is, after all, limited resources, Steel Plant To complement the inventory, it is even more difficult. So I think short-term network within the domestic demand still maintain the momentum.
The above three are silicomanganese alloys constitute a major factor, but according to the current market situation, These conditions were not met. Therefore, it is anticipated that these favorable factors in the support, I believe that the silicon-manganese alloy outlook will continue to maintain Huojin prices, tending to the good trend of development.

Titanium export enterprises qualification standards seminar held in Beijing

Yesterday, the China Nonferrous Metals Industry Association titanium zirconium and hafnium branch in Beijing convened a sponge titanium, Titanium and titanium powder ingot export enterprises qualification standards seminar.
State Secretary for Foreign Trade and the Ministry of Commerce, industrial exports Director Zhang briefed the meeting of national norms, "a high-two" products out I policy direction and arrangements. China Nonferrous Metal Industry Association Director of the Department of Integrated Services Xuanning on China Nonferrous Metal Industry Association of practices and programs.
Centered on the sponge titanium, titanium powder and titanium ingot exports aptitude, on the topic of concern for a broad discussion and advice, fill in a questionnaire enterprises to discuss the sponge titanium, titanium powder and titanium ingot production and circulation enterprises export licenses for the standard (draft), the formation of a broad consensus.
Post, titanium zirconium and hafnium branch will Summary of the meeting, the outcome of the discussions, and related background materials, reported to the State Department of Commerce and the China Nonferrous Metals Industry Association.
China sponge titanium, titanium ingot, titanium powder production and circulation areas of major enterprises, totaling 50 people attended the meeting.

The tariff adjustments will continue to affect the ferro molybdenum market

China's Ministry of Finance issued a revised some of the import and export of goods tariff document, the document states, by the State Council Tariff Commission, the ninth plenary session for deliberation and approval, and approval by the State Council. Since June 1, 2007, China will adjust the import and export of goods tariff. In the document relates to the molybdenum tax adjustments : molybdenum oxide, ammonium molybdate, Molybdate the introduction of products such as 5-15% of export tariffs, molybdenum export tariffs from the current 10% to 15%. This means that the molybdenum chemical products from June 1, will be before the export tax rebates to export, Molybdenum iron export tariffs will increase by five percentage points. Molybdenum products export tax adjustments directly show the molybdenum products exports increased costs. Related varieties export tax adjustment details will be announced later.
At present, the molybdenum market has been in a state of increased domestic ferro molybdenum prices have reached 320,000 yuan metric ton price MOLYBDENITE also sell 4,600 yuan a metric ton degrees. Market sources in particular molybdenum supply is still relatively tight supply, and market prices remained firm. Yesterday, the news of tariff adjustments issued a market atmosphere became tense. many manufacturers have adopted a wait-and-see attitude to deal with changes in the market, but today the prices of the domestic market was stable.
By analysis of the current market situation, June 1, domestic molybdenum market volatility should not occur, domestic prices should be stable. Export market may be June 1 more fiery, many export companies will rush in on June 1 dedicated cargo out, prices may increase in tariff adjustments, At present, domestic export prices of manufacturers reported 77 U.S. dollars / kg (FOB). and no longer willing to sell below this price.
In June 1, the domestic market will Depreciation possible, but there will be a buffer period, Initial estimates Depreciation time, probably from June 6-10 days around. While domestic prices are expected to be Depreciation, but this process is slow and gradual decline, the market is impossible turbulent. Depreciation reasons : first, because the export tariff adjustment, exports increased costs, some manufacturers to sell their exports. increase domestic sales pressure. Second, the domestic steel procurement gradually coming to an end, the slowdown in domestic demand, Third, the existing supply of molybdenum tense situation will be eased to some extent, ore prices will have fallen.
June molybdenum price forecast : from the early part of June, China's molybdenum price will be slow decline, but the rate will not be very big. June, ferro molybdenum fall in the current level of not more than 30,000 yuan metric ton. and molybdenum will decrease to 4,000 yuan per metric ton below, the price may be the 4200 yuan per metric ton was running around.
However, as the market from the beginning of May has been not very stable, and any sign of trouble appeared to unexpected market changes.

Japan and South Korea has become China's major export market ferrosilicon

According to customs data showed that Japan, South Korea has become China's major export market ferrosilicon.

January to February this year, as the major exports of ferrosilicon in Ningxia to Japan, South Korea and the EU export 33,100 tons of ferrosilicon, accounting for 72.6%, an increase of 131.5%. Among them, exports to Japan 14,300 tons worth 10.8 million U.S. dollars. % and 52.1% respectively 101.2%; growth of Korean exports to 10,600 tons, 7.502 million U.S. dollars. growth respectively over the previous year to 2.2 times and 2.9 times; EU exports to 08,200 tons, 622 million dollars growth of 4.1% respectively 8.2 times and times.

Respectively last year, the Tianjin Port to Japan, the EU, South Korea and the United States exported 393,000 tons of ferrosilicon, 255,000 tons, 154,000 tons and 143,000 tons, respectively 32.7%,247%. 45.8% and 30.6%. Four were together for the same period in Tianjin Port ferrosilicon 77.9% of total exports.

Inter alia western region of Ningxia ferrosilicon main outward from the Tianjin Port exports, have also shown a concentrated export countries such as Japan and South Korea phenomenon. According to industry sources, because Japan and South Korea from China's close geographical distance, with the increases in transportation costs. more willing to transport low-cost China as a country of procurement.

Charge chrome enterprises will raise prices of the third quarter 18-20 cents /pound

Charge chrome production enterprises decided to reduce the contract price and the spot price gap and hinted that the price hike will be at least 18-20 cents /pound, two completely consistent.
On the third quarter ferrochrome prices will be the first negotiations held within 2-3 weeks, production companies want a substantial increase in ferrochrome prices. @ South Africa, a major ferrochrome production enterprises that spot and contract prices varied greatly. High-carbon ferrochrome spot price of 0.98-1.08 dollars / pounds, and the second quarter of the contract price of 81-83 cents /pound, in the second quarter, contract prices rose 6-8 cents /pound, spot prices of high carbon ferrochrome start from the beginning of the year 65-68 cents /pound rise China's soaring demand for ferrochrome so suddenly tight supply, the contract price is too low market injustice.

Re-export tariff increases limited impact on the ferroalloy industry

May 22, 2007. The Information Office of the Ministry of Finance issued a revision to the import and export tariff rates mouth documents, said that since June 1, 2007 onwards to further control high energy consumption, high pollution and resource products exports, increase energy, resource-type products, the imports of key parts for the trade balance, by the State Council Tariff Commission, the ninth plenary session for deliberation and approval, and approval by the State Council. China will adjust the import and export of goods tariff. Today, "State Department tentative adjusted merchandise import and export tax notice," the official promulgation, 14 tariff numbers involved ferroalloy related species, which ferrosilicon, and ferrochrome export tariffs by 10% is raised to 15% again so ferroalloy industry is particularly concerned. However, the current abnormal fiery manganese alloy is not included adjustments led to the industry greatly surprised. 1,The current adjustment, ferrosilicon, ferromanganese, silicon, manganese, ferrochrome exports from the current rate of 5% to 10% adjustment, and special alloy and alloy composite parts will be developed from scratch, from the implementation of 10% 0 adjustment. This policy promulgation and enforcement of China's ferroalloy industry will have far-reaching impact of the state's macroeconomic control efforts is evident. For ordinary alloy exports form a certain pressure, for some alloys industry to some extent reduce exports to domestic sales, certain export restrictions.
2, 1-4 in 2007 Ferroalloy production 42.7%% growth in 2007 1-4 China's total iron production reached 4.934 million tons, in 2006 for the same period 3457600 tons, an increase of 42.7%, the rate of increase is still well above the 2006 full year 30.93% increase in the same period last year.
2007 1-4 in the monthly output is higher than the same period in 2006 (Table 1) January-April on the basic considerable increase in the same period last year.
March 2007 ferrochrome imports to 129995.6 tons. exports to 16330.96 tons, in March net imports reached 1.136646 billion tons, reaching the highest place ferrochrome heavily dependent on imports of the status quo does not change soon.
Ferrosilicon In the wake of the December 2005 of 132033.2 tons of high exports, by January 1, 2005 onwards abolish ferroalloy merchandise export rebate policy OK-February export volume hit bottom. November 1, 2006 the state once again against ferroalloy imposed 5% export tariff, started 10%. Ferrosilicon exports again experiencing a big blow But the current adjustment fluctuations in the number and time are much smaller than the previous tariff adjustment shock.
3, increased export tariffs on iron outlook limited impact on the 07 entry, As China's steel market has markedly improved, and the upgrading of steel prices, steel production rapid release, ferroalloy market demand is rapidly increasing, especially in international areas, to improve China's manganese, chromium ore in the month. domestic ferroalloy market prices have also followed suit, even as demand for the issue has also led to the current silicomanganese. ferromanganese alloys, such as the shortage situation.
While state control of energy-consuming industry growth, the other is the strong market demand, and the international dimension of our mineral also constantly upgrading the price so that the number of ferroalloy industry into an awkward position. Although the iron market prices raise rates is not small, but the price hike is an important factor because alloy due to an increase in the cost of upgrading.
Currently Ferrosilicon prices had risen to 6,000 yuan per metric ton (ROD)% The upturn in the steel industry and steel raise the level of profit is to raise steel prices ferrosilicon procurement of the most fundamental reasons, and the increasing cost of electricity price is ferrosilicon prices raise the most direct factor. Steel tariffs in the current upward after the procurement of ferrosilicon chrome and ferroalloy Although we will make certain the initiative, but will still need a short cycle, Ferrosilicon prices affect the trend of the cost of electricity in the state has increased macro-control, resolutely implement differentiated pricing backdrop of the change is more severe, electricity consumption of 9,000 tons of ferrosilicon still cost a lot of pressure, although the export of certain restrictions, stable at 900 yuan per metric ton (FOB) to try to raise difficulties can be imagined, but later the amount was not optimistic about the overall supply, Although some level of exports would have to sell, but in the short term ferrosilicon prices slide conditions is not sufficient.

EU to seek restrictions on Chinese imports of stainless steel

One of the world's largest music Security tournament Mittal said that with China's stainless steel exports continue to increase, European manufacturers may take action to prevent its below-market prices to export to Europe. Baosteel last month have pointed out that the Chinese stainless steel production and exports may lead to rapid growth from the United States and the EU's anti-dumping. On game music Mittal and Baosteel president today in Japan will attend the International Stainless Steel Forum.
Security tournament Lok Mittal, vice president of stainless steel, the subject imports from China increased, European stainless steel prices since the beginning of this year have dropped 35%, manufacturers are seeking ways to address them. In 2006, China has surpassed Japan to become the world's largest stainless steel producer, its production capacity far exceeds the increase in domestic demand, China's stainless steel this year is expected to increase 50% yield possible. According to another by higher inventory and customers of a new cargo, the company Fenlanaotuo Kumpu two stainless steel output will be 10% quarterly.

Steel products to levy export tariff policy introduced

From the Ministry of Finance website news, the Information Office of the Ministry of Finance disclosed that in order to further control high-energy consumption, high pollution and resource products exports, increase energy and resources products, the imports of key parts for the trade balance, by the State Council Tariff Commission, the ninth plenary session for deliberation and approval, and approval by the State Council. Since June 1, 2007, China will adjust the import and export of goods tariff.
Current adjustment 142 commodities will levy export tariff. Which focused on more than 80 steel products by 5% to 10% further increase in the levy export tariffs These products include carbon steel wire rod, sheet, profiles and other steel products. Meanwhile, last year the imposition of export tariffs on steel billet, steel ingot, pig iron and other steel primary products duty from 10% to 15%. This is the second in April this year to abolish the steel products export tax rebates, Another 70 kinds of other steel products substantially lowering the export rebate, the view of excess production capacity, The rapid growth of exports of steel products to further macro-control measures. In addition, this is also the natural graphite, rare earth, refined lead, dysprosium oxide. Tb4O7 and some non-ferrous metal debris and other waste products of export levy of 10% tariff; APT right side, molybdenum oxide, ammonium molybdate, molybdenum sodium, magnesite, magnesium burn the introduction of products such as 5-15% of export tariffs. Of nickel, chromium, tungsten, manganese, molybdenum and rare earth metal ore export tariffs from the current 10% to 15%; of coal tar, some iron, not unwrought zinc, fluorite, non-coniferous Wood film export tariffs from the current 5-10% to 10-15%.
The same time, to encourage imports, promoting trade balance will be right 209 imported commodities to implement the tentative lower tax rate. Of these, coal, fuel oil and cork products, and other resources of the provisional tariffs for 0-3%; Pai pump, seal, bearing and valve spare parts, air-conditioning and refrigerator compressor and components, engineering machinery parts, camera parts. TV parts, camera lens, and other key parts of the provisional tariffs of MDGs.
Market for the rich, promote consumption, and this is also part of the lives of the common people's daily necessities implemented a lower provisional import duty including baby food, kitchen utensils, cutlery, food processing machines, vision lenses, building materials, decorative ceramics, household appliances, its provisional tariffs of 6-17%.

Next wave of steel industry merger wave will patronize Asia

Secretary-General of the International Iron and Steel Institute Christmas (IAN CHRISTMAS) Monday in the Reuters global mining and steel Summit is expected next wave of steel industry consolidation waves swept through China, given birth to the major international firms will cost the Western steel manufacturers pose a serious threat.
Road, he warned, "Beware of the" China impact on the emerging industry of steel companies, he pointed out, Western steel companies will need to adjust to the best condition, and should have a clear strategic threat, "had to work very hard to get ahead."
He said that Europe and America have no major steel producers for the acquisition. China, as the world's largest steel producer and a net exporter, but has not materialized steel industry acquisitions. scattered pattern for the industry. He pointed out that five of China's largest steel producers in the domestic market share is even lower than five years ago.
He said that the Chinese government seems to have to create several world-class steel manufacturers strategy Taking into account transport costs of these plants are likely in coastal areas, but also take the lead industry restructuring mission. He predicted that the supply of raw materials in overseas investment strategy mentioned help, within a few years China will be the international iron and steel enterprises to investors owners stated their identity.
Likely to be involved in other sectors, including enterprise integration of manufacturers and iron ore mining group, bulk commodity prices rising for these enterprises have accumulated huge capital.
"Russian enterprises also have strong capital," he added. And noted that the Russian steel manufacturers benefited from the country's vast railway system, lower salary levels of the past three years, M & A activities to the downstream enterprises.

More than 80 steel products export tariffs on coal to reduce import tariffs

Ministry of Finance recently announced that since June 1, 2007, 142 products will levy export tariff. Experts said that such a large increase in the volume of export tariffs, showing supervision departments to further control high-energy consumption, high pollution and resource products exports, the trade balance for the control determination.
Control of steel products into focus. The focus of the current adjustment is more than 80 steel products further levy of 5% -10% export tariffs, these products include carbon steel wire rod, sheet, profiles and other steel products. Last year, the imposition of export tariffs on steel billet, steel ingot, pig iron and other steel primary products duty from 10% to 15%. the Ministry of Finance said This is the second in April this year to abolish the steel products export tax rebates, Another 70 kinds of other steel products substantially lowering the export rebate, the view of excess production capacity, The rapid growth of exports of steel products to further macro-control measures.
Related Steel Association official told reporters that this is the right steel exports to the further implementation of the macro-control measures, aim is to reduce the current continuous rise in steel exports. The responsible person said that this year's steel exports remained at the level of around 10%, is a more modest increase However, the domestic market can release products quickly pace, 80 various steel products further levy of 5% -10% of export tariffs to control the surge in exports, maintaining a surplus balance.