6/05/2007

[Electrolytic Manganese] Chinese Electrolytic Manganese innovative high prices

China's production of manganese 99.7% Electrolytic Manganese prices to continue to climb, Price has reached 5,000 U.S. dollars / ton, a record high.
integrated media on June 5 reports, the industry sources, Last week (May 28-June 1) China's production of manganese 99.7% Electrolytic Manganese prices continue to rise Price also reached 5, 000 U.S. dollars / ton (FOB), a record high, while the previous April. The price of the 3, 000 U.S. dollars / ton more, in the week before the prices of the four, 500 U.S. dollars / ton around.
Huacheng colored vice president Yang Ping said Price had now reached five, 000 U.S. dollars / ton (FOB), while domestic prices have reached 30,000 yuan / ton. He believed Electrolytic Manganese price increases mainly in Europe in April increased demand, Europe in a quarter that price or, therefore, the procurement volume enough. Now, Electrolytic Manganese price has not dropped, but has risen, therefore, Europeans also deadhead market access to raw materials.
Chinese Electrolytic Manganese cent of the world's production output 97%, therefore, has a monopoly status, and the price reached a record high. China's domestic traders also confirmed a rise in prices indeed, but some said that the European prices was bad five, 200 U.S. dollars / ton (Rotterdam warehouse). Despite the higher prices, but not much cash transactions, the market is a chaos, Price also one day than the day. Prices to rise, traders were also facing the problem of non-delivery. Because of rising prices, there will always be risk shipments.
Of course, the sustained tension of manganese ore supply is tense situation also contribute to the strengthening Electrolytic Manganese prices. China has sufficient manganese ore, it had to rely on imports. China and the manganese ore mining industry has stringent environmental control requirements, therefore, China needs to import from overseas. But imports of manganese ore are still in short supply.

[High-carbon ferro chrome] the international market price of ferro chrome prices the latest status

Welcome to www.chinaferroalloy.com
-- Chelyabinsk Metallurgical Plant (Chelyabinsk Electrometallurgica l Integrated Plant) is a large Russian ferrochrome production enterprises, plan increases in 2007 to the third quarter of Japan's exports of low-carbon ferrochrome (carbon content less than 0.1%) prices, from the second quarter of the 135 -140 cents / lb rise to 150 cents / lb (CIF).
Major low-carbon ferrochrome producer from early 2007 onwards low carbon ferrochrome low export prices. Asia, low carbon ferrochrome (carbon content less than 0.1%) spot prices have risen to 156 cents / lb, than by the end of May rose 10 cents / lb.
Low carbon ferrochrome producers concentrated mainly in Russia, the Russian low-carbon ferrochrome output consists of the global total 37%. Russian steel production led to the increase in low-carbon ferrochrome increased demand. In fact, manufacturers of low carbon ferrochrome (carbon content less than 0.1%) of the sales contract price had reached 167 cents / lb.
European high-carbon ferrochrome spot to earn 110 -115 cents / lb; According to reports, CIF exports from Turkey to Poland to the high carbon ferrochrome (chromium-containing 63 -66% carbon content of less than 8%. silicon content is less than 1.5%) price of 132 cents / lb.

[Steel] stainless steel market prices continued to decline

London nickel prices down, a dealer spot price change is not pre-shipment mentality. have lower export prices, making the spot market prices of nickel ore fall. May 30, the spot price of the Yangtze 417,000 yuan / ton over May 21 fell by 16,000 yuan / ton.
Meanwhile, the tepid market transactions also allow dealers to be more cautious attitude, one after another markdown. "Although increases in the steel mill in May of the ex-factory price, However, the domestic market price in May has not been how changes. "Foshan, a dealer said. "The main thing is not good market transactions, rising prices have not gone up over the transaction." But dealers are reflected throughout. Even if prices drop, market transactions are also not taken a turn for the better.
Dealers generally are not optimistic about outlook. Although the last few days, Donald nickel prices rebound, but the outlook is still dealers generally are not optimistic about. Hangzhou, a dealer that, as 6, July stainless steel market is the low season sales, transaction bad situation to continue the great possibilities, the late market prices should also continue to drop.
Wuxi one dealer said, Wuxi stock market has been rising, while the poor coupled with the pressure on resources, late prices may continue to drop. May 26 Wuxi stock market for 140,700 tons, compared with April 19 increased 03,400 tons.
Relative to the market in Wuxi, Foshan Lanshi stainless steel market will pressure the resources of some small. A dealer said that the 5,6 TISCO in Foshan Lanshi sent to the market to reduce the amount of the agreement, The market resources late pressure is not too great. But the tepid market turnover makes you late for the market is still relatively cautious.
It is understood that the current domestic market price of stainless steel has steel in May with the ex-factory price of "Upside Down." B2.0mm plate to 3042 as an example, in May the ex-factory price of 45,900 yuan / ton, But the current domestic market price at 43,000 yuan / ton or less. the market price is lower than the ex-factory price of nearly 3,000 yuan / ton. According to dealers to reflect, in June ex-factory price of steel will continue to increase, but not because of market transactions, After the ex-factory price of steel increased ability to promote market of rising prices, dealers views still relatively cautious.

[Ferro silicon] ferro silicon EU anti-dumping case is expected in July announced

EU on ferrosilicon antidumping case entered its final phase, expected results announced in July, when The EU will of the Chinese enterprises 50% -55% of the products ferrosilicon levy anti-dumping tariffs. @ The European Commission (EC) as early as December 3, 2006 against China, Kazakhstan, Egypt, Macedonia and other countries of ferrosilicon production started an anti-dumping investigation, at present, the investigation is drawing to a close. According to EU information provided by the findings of the survey will be released in July and, Ferrosilicon these countries enter the EU market to the anti-dumping tariffs is almost inevitable.
It is very likely that Chinese enterprises will be 50% -55% of the levy was ferrosilicon anti-dumping duties, Russian enterprises 25%. EU on ferrosilicon demand in each of the 70 -80 10,000 tons, the EU itself produced 400,000 tons, relying on other major Chinese and Russian imports, if the implementation of the anti-dumping case. EU procurement ferrosilicon business will bear a very high cost.
This time, the wave of anti-dumping impact of the Asian market ferrosilicon production, 2006 EU imports from China 237,000 tons of ferrosilicon, ferrosilicon for Chinese exports 18% of the total, imports from Russia 96,000 tons and exports accounted for 32.6% of the total, China, Russia has become the EU imports of ferrosilicon important countries to ferrosilicon dumping case as a reference, in summer 2006, European manganese ferroalloy enterprises to the European Commission on the Ukraine, China, Kazakhstan manganese alloy antidumping case. European Commission to Ukraine, Kazakhstan and other countries of the anti-dumping case incurred various criticisms. Many knowledgeable people think that if the EU countries to levy anti-dumping tax, it will make them more poverty.

[Ferro manganese] March ferroalloy imports to the United States over the same period last year to reduce the 8.1%

According to the United States Department of Commerce statistics released by the United States in March 07 imported 112,781 tons of iron, February compared to the 159,552 tons reduction of 29.3%, than the same period of last year 8.1%.
Which, the number of ferroalloy : 18,920 tons of high-carbon ferromanganese, than the growth in February 3.6%; Low-carbon ferromanganese 11,919 tons, compared with growth in February of 54.7%; # 55 above 24,603 tons of ferrosilicon, in a reduction of more than 32.8%; 14,584 tons of silicon-manganese, another in February decreased by 58.6%; High-carbon ferrochrome 21,511 tons, than in February reduced 56.1%; Low-carbon ferrochrome 6,274 tons, another in February grew by 95.2%; 3,752 tons of nickel iron than in February grew by 66.7%.
Imports to the United States in March of high-carbon ferromanganese, low-carbon ferromanganese than iron and nickel February growth also restored to the end of the 06 level. And the United States in the March 07 imports of low-carbon ferrochrome reached the 6,000 tons / month level, a huge amount of But behind March 05 13,528 tons of imports.