[HCFeMn] ferromanganese international market Retrospect and Prospect

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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