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COMMENT: Ten things we learned at the Metal Bulletin Ferro-Alloys & Minor Metals Conference
April 03, 2013 - 11:00 GMT
Metal Bulletin hosted its annual Asian Ferro-Alloys and Minor Metals conference in Hong Kong last week. Here are the ten things our reporters learned at the event.
1. A further drop is expected in China's chrome ore and
ferro-chrome imports in the next one or two months after
domestic stainless steel mills sharply cut their high-carbon
ferro-chrome purchase prices for April. 2. With China unlikely
to reduce export tariffs on ferro-alloys, export enterprises
continue to operate at low margins and remain competitive with
low-priced smuggled goods. 3. Chinese molybdenum prices will
see further slump on slack demand from the steel sector. Some
analysts reckon the concentrate prices may drop to 1,400 yuan
($223) per mtu or lower in...
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