9/26/2008

September 27 domestic high-carbon chromium ferroalloy market analysis

[Click to see more up-to-date information on chrome ore]

According to todays understanding of the Chinese ferroalloy network, high-carbon chromium iron alloy and the market more or less unchanged from yesterday, 12,000 yuan / ton-up and down the offer is still the mainstream, manufacturers are not quote a price without the city, the port of chromium ore prices stable, but still down trend .

At present, chromium continuing weakness of the iron alloy thin market transactions, be they large or small factory chrome iron chrome iron manufacturers, which offer ferrochrome steel plant are subject to a greater impact on the purchase price, the recent news that major domestic steel plant 11,500 Yuan / ton-based procurement price has not yet been able to confirm that a number of large-scale manufacturers of ferrochrome said there is no new news out, in fact, most of us are pretty well aware of such a procurement price that is then one or two acts of steel Other steel relative to delay the procurement, purchasing prices of different high and low, but illustrate the point, it is that the current price of chromium iron alloy still in the downlink channel.

Chromium from the iron alloy factory reflect the situation, some customers more manufacturers are currently only maintain old customers fairly good sales, small manufacturers of ferrochrome was limited and existing customers, and now face a sluggish market, only production To go out of business shortly after conception, in the hands of the stock sell-off in the near future is low, even if the loss is "expense" for the market outlook is "indifferent and powerless." At present, the global economic downturn have, chromium alloy market is no exception, with many manufacturers of years ago that discouraged the market, and price pressure may be a further pressure, and even manufacturers have estimated that the worst may fall below 10,000 Yuan, the situation is not optimistic.

9/18/2008

Port chrome ore market prices fall

[Click to see more up-to-date information on chrome ore]

At present the port chrome ore market some "strange wind", mainly in the prices of successive decline in the circumstances, some varieties of ore pricing have significantly reduced the phenomenon, as demonstrated in the Turkish chrome ore, Oman and South Africa ore mine, the sources said, Recently these countries because of the mineral chromium have been making considerable amount of the increase, while the export volume also increased, the downward adjustment in prices stems from the slow procurement, the ore source more to increase the number of the ore price drop.
According to the port traders said, 38 percent of the ore to the coast of Oman block transaction price has dropped to 260 U.S. dollars / ton about the level of a week ago, a 20-30 U.S. dollars / ton decline, the port also slip of the sales price of 60 yuan / T degrees below ,31-32 percent of Omans ports to block mining board price fell to 43-46 yuan / ton; At the same time, on the mine situation, there may be downward, at least in imports in the current Not the bulk purchase. South African mines, 42 percent of South Africas port to board flour prices in the 74-77 yuan / ton of all transactions, 44 percent of flour in South Africa 79-80 yuan / ton, but the volume is not large, demand is still weak The market is the biggest resistance. Turkey Mine, Turkeys largest chromium iron production enterprises EtiKrom company recently introduced the fourth quarter of chrome ore shipping prices, chromium ore (Cr2O3: 42%) from the original price of 715-720 U.S. dollars / ton (CFR China main port) to 515 -- 520 U.S. dollars / ton, down 200 U.S. dollars per ton on average about Although this move is to alleviate the current downturn chrome ore market, but such a substantial reduction of chrome ore market will certainly have a great impact.
Other ores, such as 38-40 per cent of the Iranian coast to block the ore pricing in 510 U.S. dollars / ton below 42 percent of Pakistan to shore block ore pricing in the 530-550 dollar / metric tons, the port price fell to 104-106 yuan / Tons, traders said the market is still uncertain, the need to further do intend to wait and see.

BHP Billiton China Manganese ore pricing analysis

Click to see more up-to-date information on manganese

The beginning, the worlds largest manganese production companies BHP Billiton introduced its fourth-quarter of China Manganese ore pricing. From the specific price, the price of the fourth quarter than the third quarter, prices showed little change, with the exception of 48 high-grade manganese ore in the ceiling lowered, the minimum increase, other grade manganese ore prices are almost the same ceiling, floor upward, Therefore, the companys manganese ore pricing for the fourth quarter of stability just 0.1.
In a recent domestic manganese alloy prices fell, especially after the beginning of September manganese alloy prices fell substantially the circumstances, the BHP Billiton offer some of the industry seems to feel puzzled. However, from the international and domestic Manganese ore supply and demand analysis, the company introduced the companys price is more in line with the market situation.

First of all, from Chinas domestic market analysis, despite Chinas current manganese alloy market downturn, the port also imports large accumulation of manganese ore, in particular, the July import 900,000 tons of manganese ore, making many people concerned about the manganese ore market over the short-term Demand, however, Chinas crude steel production growth trend has not changed, an increase in the demand for manganese will not change. According to China Steel Industry Association is expected to Qi Xiangdong, Deputy Secretary-General, China 08 crude steel production may increase of 10.4% over a year, according to the International Iron and Steel Institute statistics, 1-July, crude steel production in China rose 9.3 percent to 308.3 million Tons. Chinas crude steel production base of huge, in such a large increase above the actual growth rate will be very large, the demand for manganese will inevitably increase. On the other hand, even though China has a large number of manganese ore reserves, but low-grade, basic in less than 30 degrees, and to manganese carbonate mainly to meet Chinas manganese alloy production needs, we must rely on imports of high-grade manganese ore. Therefore, BHP Billiton the fourth quarter of China Manganese ore pricing impact of market supply and demand is strong results.

Secondly, from the international market analysis, international crude steel production has also increased, the demand for manganese has increased. Although China is the worlds largest crude steel production country, but other countries the increase in crude steel production still can not be ignored. BHP Billiton as a global resources company, Manganese ore sales should not only consider the needs of China, the world will demand from the point of view, for example, BHP Billiton Fourth quarter sales strategy is to reduce Manganese ore supplier to China, Japan and South Korea to increase The Manganese ore supply. Manganese ore on the world impact of the demand, China and Australias geographical location and the Commissioner of the Australian Manganese ore quality played a big role. China has to import BHP Billitons manganese ore, on the one hand is caused by demand, only BHP Billiton such Manganese ore supply to meet the needs of China, on the other hand, China from Australias geographical location than South Africa, Brazil and Gabon and other countries Distance to the past, lower transport costs, at the same time, Australias high-grade manganese ore stone, fewer impurities, is Chinas production of manganese alloys of choice, therefore, BHP Billiton Manganese ore sales to China compared with other manufacturers unparalleled advantages.

Analysis of the above has been BHP Billiton Manganese ore prices to steady the main reason why the companys manganese ore pricing is not substantially higher » On the one hand, China is facing the excess of imports of manganese ore is BHP Billiton must take into account factors other hand, the world Manganese ore production also has increased, with the exception of BHP Billiton Manganese ore itself in increased output, Culture and Sport of Gabon and the old company CVRD Manganese ore production increased, coupled with a large number of new areas of the South African manganese ore mining project gradually put into production or will soon be put into production, Indonesia, Southeast Asia, manganese ore, manganese ore, and other non-mainstream Myanmar ore into China to seize the market at lower prices, BHP Billiton must also consider the global The fact that the manganese ore production increased at the same time, China is BHP Billiton manganese ore sales of the most important market, if the pricing too high, is bound to lead to exports to China Manganese ore reduction, even if the extra Manganese ore sales to Japan, South Korea, these States also can not consume, but will lead to falling prices. Therefore, BHP Billiton have no choice significantly enhance the fourth quarter of China Manganese ore pricing.

From the current and coming period the international Manganese ore supply and demand analysis, the second half of 2009 before the International Manganese ore supply and demand will be in a tight supply, the basic balance of supply and demand situation, therefore, 209 in the first half before the International Manganese ore prices Will be at the high. If the international steel market and some international macroeconomic improvement, do not rule out international Manganese ore prices in the first quarter of next year may continue to rise slightly.

8/06/2008

[ferroalloy ]The first half of 2008 China's import and export of ferroalloy Overview

According to customs data, in June 2008 China's export ferroalloy 307,700 tons, an increase of 10.56 percent, Central fell 8.78 percent; 1-6 ferroalloy exports in total 1.724 million tons, an increase of 8.14 percent. In addition, in June ferroalloy imports 114,900 tons, down 19.1 percent, rose 32.68 percent, Central; 1-6 in total imports 771,300 tons, an increase of 4.59 percent. First half of this year China's total imports of high-carbon ferrochromium 658,900 tons, an increase of 4.52 percent. In addition, in June China's imports of chrome ore 543,700 tons, 1-June total imports of 3.481 million tons (22.81 percent increase), China's imports in June manganese 712,300 tons, 1-June total imports of 3.854 million tons (38.88% increase ).

read more

[chrome ore ]mports of chrome ore market prices still rising

Click here to see more information on Chrome

The recent market prices of imports of chrome ore slight fluctuations, the increase of prices was the impact of high-grade varieties still higher price trends, which makes some of the lower reaches of FeCr, and other manufacturers, "Wang Xing Tan mine."
Even shipped from Hong Kong this week to the chrome ore prices, some 50 percent of India flour in the mine were 124-127 yuan / ton degrees from top to bottom, South Africa were about 44 per cent of flour in the 86-89 yuan / ton degrees, Oman 35% block in the 65-68 ore yuan / ton, although the procurement of FeCr manufacturers of inputs has increased.
The ores from the operation, the port has raised traders Price Jiaoqian Qi, South Africa flour, chromium ore in India, Turkey and Iran block ore prices showed strong momentum high, and these high grade ores of the total inventory Originally more tense, FeCr downstream manufacturers, and other consumer purchases压价more, but also more cautious. This is expected, chromium ore port in foreign markets offer the support is still strong, stable prices of the possibility of greater strength, but little room for price increases.

read more

7/29/2008

[manganese ore] Comment on imports of manganese ore market

Recently, manganese ore imports have maintained high prices, the trend of steadily rising. While in April, May Silicon-manganese alloy market downturn, prices fell, imports of manganese ore prices, as always. Although imports of manganese ore in the current contract, and prices are high, but the volume has not been sustained upward trend, a manganese ore to the port of Tianjin, said: "The recent sales of manganese ore is not particularly large, mainly domestic factories Has been limited to funding difficulties predicament, procurement capacity and procurement was also smaller. "
It is understood that the recent northern port high-quality manganese ore less stock, more stock is South Africa, Indonesia some high iron manganese ore, compared to more mainstream box, these mineral sales is not very good, according to the port to the mine , 40 percent below grade in the manganese ore sales is more difficult, mainstream varieties are concentrated in MN40-45% grade manganese ore. Indonesia 35 percent manganese ore port Spot turnover does not exceed 70 yuan / ton, South Africa, 48 percent of manganese ore port Spot turnover 127 yuan / ton degrees. High-quality manganese ore contract in 145 yuan / ton degrees.
read more

[]The powder vanadium price rises sharply

After a weekend after the powder vanadium prices soaring again, the tax-inclusive pricing is not currently reach 200,000 / t, and because the spot tensions, manufacturers believe that prices in the short term will continue to rise. Manufacturers have said that the price rise has been able to so many, the main reason for tension in the spot or, in particular the partial vanadium ammonium very tight spot, manufacturers in the stock sales after the end, it is difficult to buy partial vanadium ammonium , In particular the low price of vanadium ammonium side.
In high prices at the same time, manufacturers have worried that prices will be down or not, and will decline more, as high prices also accompanied by a high-risk, but the price rose so quickly the line, which must have played up the ingredients inside Once prices rose to a peak, started to decline, traders shipped more positive, this part of the virtual components will be dropped down. Now everyone on this speculation when there is the peak, and even manufacturers of products that vanadium prices to decline, but most of the manufacturers is quite good for the investors. August shutdown because of the manufacturers will be more and more, which means the cash will continue to tension, but the extent will aggravate the tension, such as the Olympic Games after the end of the European market will end the summer break, from the international market with the single - Increase in the prices will continue to rise to the promotion of certain.
read more

[chrome iron]The international chrome iron market quotation is not good

Last week, chromium iron market bad news continued. Sustained on several major stainless steel manufacturer of low sales, said only completed 3 / 4, with LME nickel price remains in the doldrums, more chrome iron to increase a shadow over the market. Last week apart from some investment companies will talk about prices rising, some of the operators FERROCHROMIUM the shares of listed companies has also been hit.
In the United States, high-carbon ferrochromium warehouse delivery price of 1.837 U.S. dollars / pounds, even high-quality orders are only slightly higher than the price of two dollars / pounds. As of last Friday, the European market in high-carbon ferrochromium Price 1.83 U.S. dollars / pounds (including freight), and European markets high-carbon ferrochromium than low-quality raw materials of India chromium iron activity. A seller, no signs of stabilization in the market.
Currently the U.S. market, Chinese-made chrome iron (C: 0.10%), shown in the 4.65 U.S. dollars / pounds, the European middle class, shown in five U.S. dollars / lb. European manufacturers hope that through long-term letters of credit in order to attract more buyers, a seller said: "We price and the price of China Mei Fabi, but we allow the seller to pay this tendency on the part of our choice."
In the European market, Chinese-made low-carbon ferrochromium (C: 0.10%) warehouse delivery price of 4-4.20 dollars / pounds (Cr content of 60-65 percent), 60 percent below the 3.50 U.S. dollars Price / lb. European domestic prices in the 4.90 U.S. dollars / lb, Western chromium iron producers said they will not be with China and India, the sellers compete to buy the raw materials this quarter. Western producers warned that if the small number of manufacturers did not stop lower pricing, they are ready to counterattack, continue to lower pricing, or even lower than the production costs of other smelters.
read more

[manganese ore]7.30 import manganese ore market source of goods summary

In the near future, the import manganese ore has been maintaining the price top digit, the steady rise trend. Although in April, in May silicomanganese market murky, the price lowers, import manganese ore price also as always. At present although imported the manganese ore to be in has the deal, and the price was also very high, but the turnover has not had the constant rise tendency, a Tianjin harbor manganese mining businessman indicated: “the manganese ore sales volume will not calculate in the near future specially in a big way, was mainly the domestic factory has limited into the fund difficult predicament, purchase ability and the quantity purchased also changes has been small”. , recently north the harbor high quality manganese ore storage quantity were it is known that few, what the storage quantity are many are South African, the Indonesian some high-valence iron manganese ore, compares the mainstream frame to compare, these ores plant the sale are not very good, reflected according to the harbor mining businessman, the personal status appears more difficult in 40% following manganese ore sale, the mainstream variety is concentrates in MN40-45% personal status manganese ore. At present the Indonesian 35% manganese ore harbor on-hand merchandise finalized a deal is not higher than 70 Yuan/tons, the South African 48% manganese ore harbor on-hand merchandise finalized a deal 127 Yuan/tons about. The high quality manganese ore finalized a deal in 145 Yuan/tons.
read more

7/03/2008

[High Carbon Ferrochrome prices] Indian export market prices of high-carbon ferrochromium

      As the demand from the stainless steel production slowed down, India's domestic and export markets high-carbon ferrochromium prices fell by the current high-carbon ferrochromium export price has dropped to 1.8 U.S. dollars / pounds, originally for 2.3 U.S. dollars / lb.
      It is said that some export prices even as low as 1.6 U.S. dollars / lb. India High Carbon Ferrochrome at 8.5-9 million rupees / ton (1980-2096 U.S. dollars / ton), the original price of not less than 100,000 rupees / ton. Market participants said, the current stainless steel market downturn, coupled with the domestic high-carbon ferrochromium rapid expansion of production capacity, short-term rise in prices is unlikely.
read more

[Ferrosilicon market] EU traders optimistic about the fourth quarter of ferrosilicon Quotes

Although the industry optimistic about the market ferrosilicon, but the current trend of the EU, is the main tone remained stable, 75 percent of ferrosilicon after the contraband to the price is 1,625 euros / ton. However, many traders are actively Tun goods, they think the fourth quarter of ferrosilicon market rose a lot of space.
     Based on current market conditions have traders said, 75 percent of ferrosilicon after the contraband to the price might rise to 1,800 euros / ton in the spot market, 75 percent of ferrosilicon pricing has risen 40 to 50 euros / t, After the duty-paid price to rise to 1,700 euros / ton. Although they received a number of Inquiry but does not want to ship, as do many ferrosilicon market and positive Tun goods.
read more

7/02/2008

[price of vanadium]V2O5 prices continue to fall

This week, V2O5 prices continue to decline. Currently, 98 percent V-chip, shown in the mainstream of 20.5-21 million / ton, the manufacturers said 210,000 / tons of prices is certainly no way transactions, 205,000 / t have very easily be a turnover. Shaanxi, Hebei and other places of the manufacturers that are still busy single chief executive, the majority of manufacturers said that because the stock had earlier disposed of, so the current factory prices fell for the time being is not affected too much, but it produced after the Stocks have a big impact.
Powder vanadium prices this week also continued to decline, at present, 98 percent of vanadium Taxes not included flour prices have reached 17-17.5 million / ton, Hubei Chongyang the businessmen said that although there are now pricing in the 175,000 / t, However, turnover can only reach 170,000 / ton. Manufacturers said that the now-rarely, together with the businessmen to buy or not buy up the mentality. So for investors, we believe that prices will continue to decline.
read more

[Manganese ore prices] manganese alloy prices continue to rise

Click here to see more information on Manganese ore

Recently, the Chinese manganese alloys to higher pricing, the manganese ore, coke, electricity and other factors, plus the parts of the transport control, transport limited, pushing China's manganese alloy prices continue to strengthen. It is understood that high-carbon ferromanganese 65 C7 mainstream market prices for 13000-13800 yuan / ton around, Gansu, Shaanxi and other regions prices have exceeded 14,000 yuan / ton; Si-Mn 6517 market prices in the mainstream 12500-13000 yuan / ton; Si-Mn 6014 prices for the mainstream market 9600-10000 yuan / ton.
At present, China's manganese around the pricing of the manufacturers have gradually raised, the main reason still can not do without imports of manganese ore from the price rise, and from the rest of the cost, electricity, coke and transportation costs have been raised, coupled with restrictions on road transport around Beijing , Making Inner Mongolia, Shanxi and other places of raw materials can not get transportation, raw material suppliers to become a major problem. And steel mills, many steel mills began to accept the price adjustment after the manganese alloys, but because the current procurement of large steel mills, Si-Mn manufacturers subject to factors such as supply of raw materials, production capacity will be inhibited, the market volume is still available In short, from the current situation, the short term, China's manganese alloys continue to be affected by the cost and pricing will continue to move up.
read more

7/01/2008

July 1, shown in the market briefly Si-Ca

Si-Ca market pricing today: Ca30 pre-tax pricing range of 18000-23500 yuan / ton around; Ca28 pre-tax pricing range of 17000-23000 yuan / tons. Starting from today we can see that Si-Ca market pricing, the relatively large differences in pricing. Price is the highest in the region of Shaanxi, Ca30 pre-tax pricing in 21000-23500 yuan / ton around; Ca28 pre-tax pricing in 20000-23000 yuan / tons. Than in the pricing of Shaanxi, Inner Mongolia region to the low market pricing many, Ca30 pre-tax price of 18000-20000 yuan / ton around; Ca28 pre-tax price of 17000-19500 yuan / tons. The regional differences too, industry analysis, there are mainly two factors, one is July 1 reunification of the future national price increase, but around the practical implementation of some differences may arise, leading manufacturers increased production costs of different. At the same time many companies to different products, export prices for businesses will certainly be higher, there is news that from July 10 from the Tianjin Port on the transport of dangerous goods to be taken to certain restrictions, continuing a month. Buyer gradually return to the market, the market began to warmer. Makes some enterprises began to increase market pricing, but the domestic situation of the Si-Ca products have been reported presence of high Dizou phenomenon, because of earlier efforts to market the procurement little hands of the majority of manufacturers have inventory. Si-Ca throughout the production density is different, because the market demand is limited, manufacturers of a backlog of inventory released, parts of the spot market price at Shangbu Qu. The industry believes that the overall capacity of the Si-Ca-ran backward, are vulnerable to policy, power and other factors affecting the products, recently should prevent excessive market speculation.
read more

June port chrome ore market downturn steady decline

Click here to see more information on chrome ore

Since May chromium into the city gradually fell down period, the chrome ore market began showing a weak trend of sluggish, June port chrome ore imports continue to increase the number of spot inventory, sources revealed that in early to mid-6, China's major Port chromium ore inventory of chrome ore in the 130-140 million tons from top to bottom, in mid-Lianyungang chrome mine about 60 million tons of inventory, Zhanjiang Port, about 100,000 tons of inventory around, Fangchenggang in Guangxi have 3-4 million tons of inventory, The increase in inventories also makes imports slowed the intensity of importers, traders said this was mainly to the lower reaches of chromium iron market for more than a month remains in the doldrums since the impact of the slowing market purchases made to significantly reduce the volume and price with FeCr Fell, chromium iron manufacturers procurement chromium ore prices further down, for the deal, traders had to sell prices, the grade of chrome ore price is lower than many before.
On all types of chromium ore prices, just entering June, the mine is showing a price decline trend of reduction than in April has been the price of 10-15 yuan / ton above the decline, some species decline in more obvious, Such as: India, 50 percent friable ore market in mainstream quotations 115-120 yuan / ton; Oman block 38 percent of ore, the market pricing in the mainstream of 75-80 yuan / ton; Oman Block 36 percent ore, the market pricing in the mainstream of 73 -- 75 yuan / ton, but the actual turnover in general 71-72 yuan / ton; Turkey blocks mine 40-42% of the market in mainstream quotations 110-115 yuan / ton; South Africa powder 42 percent, the market pricing in the mainstream 80 -81 Yuan / ton; South Africa powder 44 percent, the market pricing in the mainstream of 85-86 yuan / ton; Pakistan block ore 30.18 percent 2.26:1; market in mainstream quotations 78-80 yuan / ton, but the actual turnover in general In 75 to 80 yuan / ton degrees. At this time, India said the mine to 6-7 in the exports of chrome ore prices will increase 200 U.S. dollars / ton, and the Chinese market on the formation of an opposite trend of the operation, but also further increase the import ore to the import cost, in the face of Such high prices, can only be demonstrated by no one dared to "Jie Zhao," This is also in the development of investors to prove.
As China's chrome alloy market further lower, chromium iron into the bottom of Stock Market, the price of mining, electricity and other costs only by unabated, chromium iron manufacturers profit After compression, the weariness of the market slump and the procurement of more non-wang, chromium Mine merchant transaction price also fell further, but since entering June, the chrome ore import business based on the cost of supporting the mine to maintain price stability Quruo trend started running, at the end of June the mine is not a reduction from the very beginning, such as About 50 percent of India's ore pricing in the 114-118 yuan / ton, 44 percent of flour in South Africa 83-86 yuan / ton degrees.
Imports, pricing, was also adjusted, the end of June, Iran 42% block in the 560-580 dollar mine / ton (CIF) contract (early in the 630-660 dollar / metric tons), Pakistan 42% block in the mine 540-580 U.S. dollars / ton from top to bottom (CIF) contract (early in the 635-660 dollar / metric tons), Turkey part of small businesses in the price of 650 U.S. dollars / ton from top to bottom, but still adhere to the 700 U.S. dollars / ton (655-710 U.S. dollars for the early / Tons), India 50 percent in the fragile ore FOB 765-825 U.S. dollars / ton (early in the 695-725 dollar / metric tons), South Africa 42-44% of the FOB flour 425-465 dollars / ton (and almost the beginning of price), Other pieces such as Oman mine also varying degrees of adjustment. This can be seen, Iran, Pakistan and other ores in June dropped 80 to 90 dollars / ton, a slight upgrade Turkey ore, ore to maintain the level of South Africa, India mine rose substantially.
In addition, as we all know, after the New Year, due to the limited South Africa, and local Cr Iron Works part of the impact of the accident, the worldwide supply of resources began tightening chromium, as chromium resources Jinkoudaguo China, the demand of course is self-evident, and this Chromium products at the lower reaches of China's procurement market terms, making the price all the way up. South Africa to about 44 percent chromium flour for example, by the beginning of the 58 yuan / ton up to a maximum of around early May to 90 yuan / ton above; India imports of chrome ore similar situation in India imposed export tariffs, 50 Percent of India flour was shown in more than 130 yuan / ton; Over the same period, China's high-chromium prices by 9,600 yuan / ton-up to around 17,000 yuan / ton-around after China's stainless steel production has brought a series of chain reaction , High-carbon ferrochromium substantially reduced demand, prices fell rapidly, chromium ore also lost the support of the original Chinese market, although still high, set pricing, but the Chinese market has begun to enter a relatively depressed period, the port difficult to digest the spot price Gradual disappearance of the bubble, the market started steady decline.
read more