Companies are beset with Difficulties on All Sides

  • Wednesday, May 4, 2016
  • Source:ferro-alloys.com

  • Keywords:cored wires
[Fellow][Ferro-Alloys.com] Almost half of the year of 2016 has passed when May comes, which is a key-point for every company.

[Ferro-Alloys.com] Almost half of the year of 2016 has passed when May comes, which is a key-point for every company.

Maanshan Songli Metallurgy Furnace is engaged in producing refractories and steelmaking auxiliary materials. Cored wires products include CaSi cored wires, C cored wires and Ca cored wires and so on. According to the representative from the company, now due to the weak market demand, the business in April has declined sharply. In face of the market demand slowdown, the major companies may be able to stand with the recession, but it is difficult for those small sized producers to survive.

Many Ferro-alloy producers have been affected by the depression of steel mills. “Recently due to the poor capital turnover, we have not produced cored wires recently. Now we mainly produce alloy powder and welding materials.” A source from Jinzhou Kerui Alloy Material Co.,Ltd told www.ferro-alloys.com.

  • [Editor:Yang Xue Jiao ]

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