Ongoing Market Price Rise

  • Tuesday, May 3, 2016
  • Source:ferro-alloys.com

  • Keywords:cored wires market
[Fellow][Ferro-Alloys.com] The cored wires market price has been way up.

[Ferro-Alloys.com] The cored wires market price has been way up.

Material: according to the sources of the cold steel strip producing areas Hebei and Shandong, the price rise of cold steel strip has surpassed RMB1,000/mt. “Now the ex-work price of cold steel strip (0.35*55,Q195) is RMB3,800/mt, up by RMB700/mt compared with that in the beginning of April.” An representative from Zhaoxian Chuanglian Steel Strip Co., Ltd.

According to Anyang Guangshun Steel Co.,Ltd, now the price of metal calcium block has also been up. According to the insiders, the SiCa block (standard) has increased 5%, now the price is RMB9, 600/mt (without tax). The price of SiCa powder has increased by 4%. Due to the recent environmental assessment, many producers in Shanxi and Anyang have been in the state of production cuts and recondition.

 

Sales: “Currently the monthly production of reduced calcium is 500 mt. the calcium tablets mainly are exported to overseas market.” A source from Linzhou Hongrui Gaiye Jituan told us.

According to the representative of Taiyuan Ruitao Metal Materials Co.,Ltd, the sales performance in April is excellent without inventory pressure. The sales volume of calcium wires, reduced calcium tablets, AlCa alloys and Ca cored wires is amount to 500mt.

“In Aprial, the sales volume of seamless Ca cored wires is 300 mt, which are mainly provided for the domestic steel mills and overseas market. Now there is no inventory.” A source from Gongyi Jinliang Metallurgy Refractories Co., Ltd. told www.ferro-alloys.com.

Luoyang Discoverer Aluminum Co.,Ltd is a time-honored producer. It was founded in 1989. Currently its production capacity is above 100,000 mt that are mainly consumed by domestic market. In April its sales volume was as high as 1,000 tonnes.

“Discouraged by the market recession, the Ferro-alloys business has been stopped in recent years.” According to Hunan Ruisheng Industry and Trade Co.,Ltd.

Conclusively, the performance of the week has been satisfactory, domestic and foreign market prices showed a warming trend.

  • [Editor:Yang Xue Jiao ]

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