[Ferro-Alloys.com] Silicon manganese market in Northwest China kept stable. Now silicon manganese6517’s actual quotation is RMB 6250-6300 /mt. Compared to the South, its power advantage is obvious. It’s stressful for small and medium-sized enterprise to deal with expensive cost of freight and long collection cycle. Recently, enterprises gains profits and alloy enterprises inventory consumption reduces, so enterprises quoted higher price.
However, the steel market keeps depressed on the whole. It depends on the relationship between supply and demand, as well as whether silicon manganese market can become better. For the moment, a large stock of silicon manganese may affect its sales for high operating rate in the North of the main producing areas.
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- [Editor:tianxiao]
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