Prediction
FeCr Producers Lowered Quotations with Little Intention of Resuming Production in China (June9th-June13th)
Till the end of this week, the imported prices of ferrochrome CIF Chinese ports had been as follows, India ferrochrome, USD0.82-0.83/lb Cr; South African ferrochrome, USD0.81-0.82/lb; |
Transaction of Chrome Ores Was Inactive, SA Price in High Levels (June 9th-13th)
FeCr price dropped by RMB50/mtu in June. Considering the high costs pressure, suppliers had to reduce the storage for raw materials. The transaction of chrome ore was not that active. |
Si Price Held at High Levels on Tight Supply (June 9th-13th)
Supply of Si products was still tight on spot market and it’s hard to purchase. In mid-June, |
CaSi Price Hard to Rise on Weak Demand in China (June 9th-13th)
In mid-June, although CaSi prices had less change compared with previous week, |
Economic Analysis of Cored Wire Industry Concentration
In Industrial Economics, market concentration includes buyer concentration and seller concentration. In cored wire industry, both concentrations are quite low. |
Mg Price Dropped with Slowed Pace in China (June3rd-June6th)
Mg price suffered moderate decline in China this week, with mainstream Shaanxi Mg99.90% price declining to RMB |
FeSi Producers Raised Quotations in China (June3rd-June6th)
Owing to the struggle by major ferrosilicon suppliers, HBIS and Shagang Group together with some other steel mills slightly raised June purchase prices of FeSi72#. Seizing this chance, ferrosilicon producers raise their quotations this week. |
Tungsten Concentrate Ore Market Showed Calm in China ((June 02nd –June 06th )
[Ferro-Alloys.com] There was no fluactuation for tungsten concentrate ore market this week. |
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