DAILY NEW2022.8.29

August 29

China

The central parity of the yuan against the dollar was lowered by 212 basis points to 6.8698

Europe

1.European electrolytic manganese prices remain stable

2.European high carbon ferrochromium prices steady

3.EU steel consumption declines for third time in four years

India

India:Domestic producers start booking material for next month

South Africa

1.South Africa's central bank deputy governor warned:South Africa has the risk of high inflation out of control

2.The sea freight rate of chrome ore bulk carriers in South Africa continues to fall

Russia

Russia to subsidize importers of ferroalloys and related raw materials