Cored Wire Market was still in Downturn in China (Dec.8th –Dec.12th)

  • Monday, December 15, 2014
  • Source:ferro-alloys.com

  • Keywords:Ca metal, Ca, Calcium, cored wire,CaSi,strip steel
[Fellow]According to the investigation of www.ferro-alloys.com, Chinese core wire market was still in downturn last week. In Henan province,

[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com, Chinese core wire market was still in downturn last week. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire was adjusted  RMB12300-12500/mt (USD1984-2016/mt). Ex-work price of Ca28Si55∮13㎜ CaSi wire was adjusted to RMB9600-9800/mt. Other cored wires were also peaceful. In Henan province, mainstream ex-work price of C98%∮13㎜ carbon wire stayed at  RMB 4600-4800/mt. Operation of cored wire manufacturers was not good.

Calcium metal market dropped a little. In Shanxi and Henan Province, the major producing areas of calcium metal, ex-work price of Ca98%,0-2mm calcium granule decreased to RMB 18500/mt, and price of Ca98%min ∮7.5㎜calcium silk stayed around RMB 21300/mt. Calcium metal price seemed to have touched bottom.

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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