Cored Wire Market was Peaceful in China (Dec.29th –Jan.4th)

  • Monday, January 5, 2015
  • 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 peaceful last week. In Henan province, ex-work

[Ferro-alloys.com]According to the investigation of www.ferro-alloys.com, Chinese core wire market was peaceful last week. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around  RMB12300-12500/mt (USD1984-2016/mt). Ex-work price of Ca28Si55∮13㎜ CaSi wire stayed aound RMB9400-9600/mt and Ca30 ∮13㎜ FeCa wire was RMB9500-9700/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 was stable in general. In Shanxi and Henan Province, the major producing areas of calcium metal, ex-work price of Ca98%,0-2mm calcium granule stayed around RMB 18500/mt. Price of Ca98%min ∮7.5㎜calcium silk dropped from RMB 21300/mt to RMB 21100/mt. Calcium metal price seemed to have touched bottom.

Cold-rolled strip steel price decreased as demand from cored wire market was weak. In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55 strip steel dropped from RMB 4000-4200/mt (USD645-USD677/mt) to RMB 3800-4000/mt (USD613-USD645/mt) recently.

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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