{Today Breaking News}HBIS, the second largest steel mills in China confirmed the purchase price of SiMn (6517 grade) for April demands, at basic price RMB6500/mt , if quantity is 2000mt or above, price at RMB6800/mt; quantity with 5000mt and above is RMB6900/mt delivered to plant, with long term payment. Total purchased quantity is 24000mt, compared with last month, price is increased by RMB1300/MT, RMB1500/MT and RMB1600/MT; Quantity increased by 8000MT.

 From above, we can see, SiMn concluded price should be RMB6800-6900/mt for main supplier, for small suppliers is RMB6500/Mt,  that is the way to make sure the purchase to be meet and that price level should be the result negotiated with suppliers.

• [Editor:admin]