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Hebei Steel cuts ferro-alloys prices for January

January 03, 2014 - 08:30 GMT Location: Shanghai

KEYWORDS: China , silico-manganese , Hebei Steel , Shagang

China’s largest steel mill Heibei Iron & Steel Group has cut its January purchase prices for ferro-alloys on weak market sentiment.

Silicon-manganese purchase price from the mill is at 7,100 yuan ($1,163) per tonne, 150 yuan lower than the December level. Price of ferro-manganese is at 6,050 yuan per tonne, down 50 yuan from last month. Ferro-silicon basis 72% Si price...

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