October 2014

BULK ALLOYS REPORT: Manganese alloys and ferro-silicon rise on tighter supply

Prices for some bulk alloys improved in Europe on Friday October 31 after a slow start to the quarter, as market participants reported tighter availability.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday October 31:

MANGANESE ORE INDEX: Grades diverge as inventories weigh on South African ore

High-grade manganese ore prices edged higher in China on Friday October 31 as low-grade prices kept falling.

Hebei Steel cuts ferro-alloys prices for November

China’s largest steel mill, Hebei Steel, has cut its bid prices for silico-manganese and ferro-silicon November deliveries.

Nizi Int'l will buy US metals and alloys supplier Chemalloy

Nizi International will take over Chemalloy Co Inc, a US manufacturer of metals and alloys, the Luxembourg-based trading house said on Tuesday October 28.

US ferro-alloy contracts for 2015 mostly sideways

Ferro-manganese and ferro-chrome market participants in the USA are reporting largely sideways discounting so far in 2015 contracts, although the majority of contract business is expected to be finalised in the coming weeks.

WEEK AHEAD: What to look out for from October 27

London Metals Week has drawn to a close, so what will market participants be looking out for in 2014?

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday October 24:

MANGANESE ORE INDEX: Prices keep sliding on lower bids from China

Manganese ore prices fell again on Friday October 24 on lower bids from Chinese buyers.

China's manganese ore imports up 10.2% in September

China's manganese ore imports increased last month as prices continued to slowly move higher.