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.