European ferro-chrome market faces uncertainty after discontinuation of quarterly benchmark pricing system

The European quarterly ferro-chrome benchmark lost relevance over time and was canceled after a thorough review, Merafe Resources told Fastmarkets on Tuesday May 21

Ferro-tungsten prices in Europe soar to a two-year high driven by increased demand, triggered by rising prices of tungsten concentrates in China

The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24

This development has led to a tightening market supply and bullish sentiment among traders, despite the immediate aftermath not showing a price hike

There are more opportunities being created for the Chinese ferro-alloys industry on the back of China’s focus on sustainable development goals and the rising availability of competitively-priced green electricity, sources told Fastmarkets

Seaborne manganese ore prices to China rose further in the week to Friday March 8, following fresh deals in the higher and lower-grade markets

The ferro-alloys sector in China has shown a muted response to the country’s economic targets set for 2024 and laid out in the government work report released by Premier Minister Qiang Li on Tuesday March 5 in Beijing, industry sources have told Fastmarkets

Premiums for direct-reduced (DR) iron ore pellet from Brazil are expected to move lower in the second quarter of the year in response to weaker demand from major importers amid increasing inventory, sources told Fastmarkets

After a consultation period which ended on Tuesday January 30, Fastmarkets has amended the chemical specifications and names of its MB-MNO-0001 manganese ore 44% Mn, cif Tianjin and MB-MNO-0005 manganese ore 44% Mn, fot Tianjin indices.