Cored Wire Market Was still Stable-China (Nov.3rd –Nov.7th)

  • Monday, November 10, 2014
  • Source:ferro-alloys.com

  • Keywords:Ca metal, Ca, Calcium, cored wire,CaSi,strip steel
[Fellow]Spot supply of calcium metal was no longer in shortage and market price decreased again. In Shanxi and Henan Province, the major producing areas of

[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com, Chinese core wire market was generally stable last week. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around  RMB12400-12600/mt (USD2000-2032/mt).Other cored wires were also peaceful. In Henan province, mainstream ex-work price of Ca28Si55∮13㎜ CaSi wire stayed at RMB 9800-10000/mt. Ex-work price of C98%∮13㎜ carbon wire stayed at  RMB 4600-4800/mt. Operation of major cored wire manufacturers was generally normal.

Spot supply of calcium metal was no longer in shortage and market price decreased again. In Shanxi and Henan Province, the major producing areas of calcium metal, mainstream ex-work price of Ca98%,0-2mm calcium granule decreased from RMB 21000/mt to RMB 20000/mt , and price of Ca98%min ∮7.5㎜calcium silk dropped from RMB 24000/mt to RMB 22000/mt.

Cold-rolled strip steel price was still low. In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55 strip steel stayed at RMB 4000-4200/mt (USD 645-USD677/mt).

In general, cored market would still be weak as steel market could not turn better in the short term.

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  • [Editor:Mike.zhang]

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