Industry News

Manganese and silicon prices rose nearly 30% in April
Manganese and silicon prices rose nearly 30% in April
May 09, 2024
Since late April, the average spot price of Inner Mongolia silicomanganese 6517 (acceptance) has continued to rise, with a daily price of 7,400 yuan/ton on May 7, an increase of 1.37% from the previou...
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Chinese electrolytic manganese has seen a significant price increase
Chinese electrolytic manganese has seen a significant price increase
May 08, 2024
After the pre-holiday surge in Manganese Ore prices, Chinese Silicon-Manganese and electrolytic manganese flake products have both experienced a wave of price increases. Many suppliers, seeing the ris...
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Ferrochrome prices show a downward trend
Ferrochrome prices show a downward trend
Apr 25, 2024
Hainan West Asia Group stated that the price of micro-carbon ferrochrome at Tianjin port this week is as follows:FeCr 65v10 2.08~2.13USD/LBFeCr 60v10 2.05~2.08USD/LBRelevant salespersons in Hainan and...
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Rising ocean freight rates
Rising ocean freight rates
Apr 23, 2024
Recently, the shipping market has been experiencing a wave of price increases during the off-season. Leading shipping companies such as MSK, CMA CGM, and HPL have issued price increase letters, with s...
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Manganese alloy surges in India
Manganese alloy surges in India
Apr 19, 2024
Indian suppliers are trying to increase their offers for manganese alloys, citing rising manganese ore prices. However, buyers are yet to accept the new price.The quotations of Indian silicomanganese...
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Prices of Mn Flakes show a downward trend
Prices of Mn Flakes show a downward trend
Apr 18, 2024
Hainan West Asia Group said that the recent price of Mn flakes 99.7% FOB Tianjin Port is 1680~1690USD.MT, which is about 10 USD/MT lower than last week's 1700 USD/MT.Relevant salesmen in Hainan an...
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The price of ferrochrome in China has fallen
The price of ferrochrome in China has fallen
Apr 16, 2024
High carbon ferrochrome: The price remains in the range of 8650-8850 rmb/t (1196-1224 usd/t), a decrease of 100 rmb/t.Medium carbon ferrochrome: The price hovers between 14000-14100 rmb/t (1963-1976 u...
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The export price of Chinese electrolytic manganese flakes flakes has declined.
The export price of Chinese electrolytic manganese flakes flakes has declined.
Apr 11, 2024
Due to sluggish demand, the mainstream export price for electrolytic manganese flakes 99.7% min has dropped to $1,660-1,710/MT FOB China, down $20/MT from last week. Traders expect prices to linger at...
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Today Reference Price for FeSiMg and FeSiBa products
Today Reference Price for FeSiMg and FeSiBa products
Apr 11, 2024
West Asia Group said that inquiries for magnesium silicon and barium silicon have increased recently, and multiple quotations have been sent. Take the Indian customer as an example, including the pric...
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China's ferro silicon output largely stable in Mar'24
China's ferro silicon output largely stable in Mar'24
Apr 09, 2024
The ferrosilicon output of the 136 Chinese smelters surveyed ended two consecutive months of decline and remained basically stable in March, with tonnage slightly increasing by 1,471 tons or 0.3% mont...
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The market price of ferrochrome shows a steady upward trend
The market price of ferrochrome shows a steady upward trend
Apr 03, 2024
Hainan West Asia Group stated that this week’s external quotation of high carbon ferrochrome---based on FOB Tianjin Port,FeCr52 price is 1650 USD/MTFeCr60 price is at 2124 USD/MTExternal quotation of...
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Chinese ferro silicon prices drop on sluggish market sentiments
Chinese ferro silicon prices drop on sluggish market sentiments
Apr 02, 2024
The ferro silicon market in China continued to fall w-o-w amid declining spot and future prices. 75% silicon content: Prices declined by RMB 50/t ($7/t) this week reaching RMB 6,660-6,840/t ($921-$946...
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The price of silicon and magnesium raw materials fell, and the price of silicon and magnesium continued to fall
The price of silicon and magnesium raw materials fell, and the price of silicon and magnesium continued to fall
Apr 02, 2024
According to the current feedback from Indian buyers, the price of silicon and magnesium in China has ushered in a small reduction, and the price continues to decline, Hainan West Asia Import and Expo...
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U.S. Bridge collapse disrupts logistics at Baltimore port
U.S. Bridge collapse disrupts logistics at Baltimore port
Mar 28, 2024
In the early morning of March 26th, Eastern Time, a container ship "Daly" hit the "Francis Scott Key" Bridge in Baltimore, USA, causing the 2.5-kilometer-long bridge to collapse within seconds. Follow...
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The price of Chinese silicon iron is falling
The price of Chinese silicon iron is falling
Mar 27, 2024
Given weak demand, the mainstream price of Chinese silicon iron 75%min lump has fallen by about 200 CNY/MT to 6200-6400 CNY/MT ex-factory cash payment price compared to last Friday. Industry insiders...
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China: Tsingshan raises the bidding price for ferrochrome on April 24th
China: Tsingshan raises the bidding price for ferrochrome on April 24th
Mar 26, 2024
According to a survey by Hainan West Asia Group, Chinese stainless steel giant Tsingshan has raised the bid price for ferrochrome on April 24th by 500 yuan/ton (69 US dollars/ton) to 8995 yuan/ton of...
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EU low-carbon ferrochromium prices rise, transactions few
EU low-carbon ferrochromium prices rise, transactions few
Mar 21, 2024
Speculative increases in alloy prices from Russia have encouraged some European ferrochromium suppliers to increase prices, mainly for low carbon alloys. However, buying activity remains subdued.Busin...
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The Import Price Of FeSi In The Japanese Market Has Declined
The Import Price Of FeSi In The Japanese Market Has Declined
Mar 20, 2024
Affected by the weakening prices from international suppliers, the mainstream import price of FeSi #75%min 10-50mm in the Japanese market has slightly dropped by $20/MT to $1,200-1,250/MT CFR Japan th...
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Ferrosilicon import market situation in Taiwan China in the second half of 2023
Ferrosilicon import market situation in Taiwan China in the second half of 2023
Mar 15, 2024
In the second half of 2023, Taiwan's import volume of ferrosilicon (Si≥55%) was 5,764.00 metric tons, compared with 6,744.00 metric tons in the same period of 2022 and 5,524.00 metric tons last mo...
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Outlook for China’s high carbon ferrochrome in March
Outlook for China’s high carbon ferrochrome in March
Mar 14, 2024
The price of high-carbon ferrochrome rose slightly in February. As of March 8, the cash ex-factory price including tax for Inner Mongolia's high-carbon ferrochrome natural blocks was 1,198-1,212 U...
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