Market prices generally rise high chromium, low carbon ferrochrome market capacity can be controlled strictly, quotes stabilized; Mo-Fe market continued to maintain a downward trend, weak market turnover scarce; high-manganese alloy market was stable trend, the demand is not satisfactory.

Specific Analysis of the following:

The market price increase high chromium, low carbon ferrochrome markets stabilize

High chrome market has undergone a period of stability, the recent slight changes in the market, prices have raised the general adjustment is 50-100 yuan / ton. Analyze the main factors are the following: one on the smelter, the market demand is not strong, production costs increase in pressure. In view of cost, chromium iron manufacturers offer increases justified. Second, foreign ferrochrome prices firm, restricting imports into the inevitable. Currently imports of ferrochrome prices far beyond the outer plate of the bearing capacity of domestic buyers and let us not talk about profit margins, there inversion phenomenon is in the affirmative. From the perspective of market competition, domestic ferrochrome outstanding advantages in price. It is supported by this favorable factors, the domestic manufacturers to increase the confidence of high carbon ferrochrome market outlook has also become one of the factors the industry price increases. Third, the tender will soon be steel, chromium iron manufacturers pre-emptive strike. To sum up above, it seems, high-carbon ferrochrome market price of the increase, one reflected in the raw materials, market competition and other market factors; second, steel and ferrochrome between enterprises psychological factors. Industry analysis, high-carbon ferrochrome market prices, mainly have to rely on high-chromium stainless steel demand. However, there is the stainless steel market has not bottomed out the status of high-carbon ferrochrome market price increase I'm afraid they are "flash in the pan." Low-carbon ferrochrome market capacity can be controlled strictly, chromium manufacturers offer stabilization of market prices No signs of ups and downs.

Mo-Fe continued downward trend, as relatively small turnover

Today, Mo-Fe continued downward trend in market prices, the slumping market, turnover scarce. Market participants said the current market price of ferro molybdenum has not yet bottomed out, the market outlook will continue to decline. The mainstream of today's market offer is 13.6-13.8 yuan / ton, and traded at 13.4-13.6 yuan / tons. It is understood mainly due to price cuts ferro molybdenum lack of market demand as well as the impact of raw material prices. Market participants believe that, in accordance with the present trend of the stock market development, and ferro molybdenum prices are likely in the next week will be slid to a 13 yuan / tons. In addition, because the domestic raw material suppliers are willing to ship small, and the price is higher than abroad, so part of Mo-Fe-makers have a tendency to the idea of importing raw materials from abroad. The part of the market traders hoarding goods due to hand are more rapid decline in the price when they sell the feelings of ferro molybdenum  very urgent. It is understood that some traders due to fears the drop in ferro molybdenum afternoon, some of them are holders of 130,000 yuan / ton under the offer, but ultimately the market demand is not strong and little turnover.

Manganese alloy market was stable trend, the demand is not ideal

Manganese alloy market remained stable trend, steel purchasing is not turned around. At present the major alloy manufacturers in northern small stocks, and basic to sell stock based. However, the South a lot of factories are inventories, stick to their offer, unwilling to low sales. Although the procurement is about to begin in November, but since last month, the procurement of view, 9 25 to October 15 the majority of domestic steel mills almost do not have much purchasing, inventory volume at present more steel mills, in November steel market remains in the doldrums, demand has not picked up on the basis of manganese alloys up space is very limited.

Source from: http://www.raremetalonline.com/news/index.html