Renato Tichauer – “Latin America poses major challenges, but US infrastructure investment will help with manganese prices”
Vanadium demand depends on US infrastructure investment and the US is way behind on updating it’s infrastructure. The cost to bring manganese in Brazil from the mines to the port area is expensive and not reliable. Payment receipts are uncertain from Latin America including Columbia who is in total shutdown, including banks. Europe was […]
Fundamentals of South African Ferroalloys
DOWNLOAD: Fundamentals of the South African Ferroalloys Market
Hard Times for Chrome Traders in October
October was characterised by an increase in both purchases and production owing to a number of positive factors including, higher benchmark price which rose 19c/lb in the fourth quarter, a resurgence in Chinese ferrochrome production, higher surcharges by stainless steel mills and the end of winter tariffs which saw the production rates in South Africa […]
Manganese Alloy Prices Head South as China Curbs Pollution
Core Consultants released its October Manganese Monthly Report. In it we note that while manganese stocks at Chinese ports as of the 19th of October were virtually unchanged from the previous month at 2.26m tonnes compared to 2.27m tonnes, when we compare this to the start of the third quarter, we note that overall stocks […]
Chrome And Ferrochrome Output Increases Impacting Prices
On the 19th of March, we published our Chrome & Ferrochrome Monthly Report. We note that that the benchmark for the second quarter has been set 11c/lb lower, but this did not come as a surprise, nor should it be cause for alarm. From our perspective, the lower settlement was inevitable. Chrome ore stocks at Chinese […]
Is Manganese at the Point Of No Return?
In the first week of March, we released our Manganese Monthly publication. In the issue prior to this release, we proffered that manganese stocks couldn’t possibly climb any higher. We were wrong! Manganese stocks in the first week of March, climbed from a massive volume of 2.45m tonnes to even more ridiculous levels of 3.5m […]
Ferrochrome Second Quarter In Deficit
2Q16 was characterised by an extremely tight market. Many producers had shut down operations globally, including four furnaces in South Africa going bankrupt over the past 8 months. This resulted in the remaining producers selling only on a contractual basis, leaving very minimal stocks available to the spot market for both chrome ore and ferrochrome. […]
Manganese Market Falters On Higher Stocks
Ore stocks at Chinese ports reached 2.17m tonnes, compared to 1.8m tonnes in May. Furthermore, it has been confirmed that a further 16 vessels carrying a minimum of 500,000 tonnes of manganese is destined for Tianjin port, but there has been no confirmation that this material has been sold. Whilst there appears to be a […]
The Impact Of Chinese Coke Prices On The South African Ferroalloy’s Industry
On the 15th of September 2011, Lara Smith from Core Consultants presented delegates of the Metal Bulletin Ferroalloys Conference with an overview of the coking coal and coke industry in South Africa. On the 15th of September 2011, Lara Smith from Core Consultants presented delegates of the Metal Bulletin Ferroalloys Conference with an overview of […]