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 ).

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

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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.

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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.
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[]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.
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[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.
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