Weekly Comment on Cored Wire Market (DEC 23-27)

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Weekly Comment on Cored Wire Market (DEC 23-27)

Friday, December 27, 2019
Source:ferro-alloys.com

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Keywords:Stock up, Demand Increase, Stable

[Fellow]In this week, as the haze in the most areas has dispersed, many steel mills, cored wire manufacturers have recovered production successively and began to stock up by the end of this year. For this reason, the demand for cored wire is increasingly significantly...

Industry Trends

[Expressed by www.ferro-alloys.cn]

It is learned that, in this week, as the haze in the most areas has dispersed, many steel mills, cored wire manufacturers have recovered production successively and began to stock up by the end of this year. For this reason, the demand for cored wire is increasingly significantly. The raw material factories have generally received more orders. As the Spring Festival holiday is coming, they have to complete heavy production tasks within limited time.

The recent price of nodularizer cored wire is stable. In Inner Mongolia, the price of rare earth magnesium silicon, the raw material, remains at 7,000-7,500 yuan per ton and ferrosilicon fluctuated slightly, which has no impact on nodularizer cored wire. There is still large difference in prices between the southern and the northern market. The market transaction statistics shows that, in Henan, Liaoning and Shandong, the mainstream transaction price of nodularizer cored wire remains at 10,000 – 10,500 yuan per ton, while in Jiangsu and Zhejiang, it is 10,800-11,000 yuan per ton.

The recent situation of silicon calcium cored wire is stable. In the south, the manufacturers are normal in order receiving and delivery. Calcium silicon alloy, the raw material, operates weakly and stably and the downstream manufacturer stock up silicon calcium cored wire normally. In northern Henan, as the haze has not dispersed completely yet, many manufacturers have not recovered production, there is little inventory. Now, the mainstream transaction price of silicon calcium cored wire Ca30Si58∮13mm is 10,500-11,000 yuan per ton, Ca28Si50∮13mm is 7,850-8,500 yuan per ton, Ca28Si55∮13mm is 9,700-10,000 yuan per ton and Ca30Si60∮13mm is 10,500-11,000 yuan per ton.

The price of ferrotitanium cored wire has remained stable. There is no significant price fluctuation in ferrotitanium, the raw material of ferrotitanium cored wire. Delivery is dominated by low ferrotitanium cored wire. Generally speaking, the demand is not so much. The market transaction statistics shows that, in Henan, Liaoning and Shandong, the mainstream transaction price of ferrotitanium cored wire FeTi30%min∮13mm is 11,500 - 11,800 yuan per ton and FeTi70%min∮13mm is 25,000-25,800 yuan per ton.

There is no obvious price fluctuation in other cored wire products yet. Now, the mainstream transaction price of solid pure calcium cored wire Ca98%min∮9mm is 9,700 - 10,200 yuan per ton; silicon magnesium cored wire Si40Mg28Re2∮13mm is 11,500-12,500 yuan per ton; ferro calcium cored wire Ca30∮13mm is 8,600-8,800 yuan per ton and Ca30∮30mm is 10,000-10,500 yuan per ton; sulphur cored wire S98%∮13mm is 6,500-6,800 yuan per ton; ferroboron cored wire B17%∮13mm is 18,500-19,000 yuan per ton; seamless metal calcium cored wire Ca98%min∮9mm is 98,000 - 10,800 yuan per ton and Ca98%min∮10mm is 14,800 - 15,500 yuan per ton; carbon cored wire C96%∮13mm is 5,900-6,200 yuan per ton, C97%∮13mm is 5,800-6,100 yuan per ton and C98%∮13mm is 5,800-6,100 yuan per ton; nodularizer cored wire is 10,000-11,000 yuan per ton.

In terms of raw materials, Ferroboron FeB19C0.1 is 20,000-22,000 yuan per ton, FeB18C0.5 is 18,000-18,200 yuan per ton, FeB17C0.5 is 17,500-17,800 yuan per ton and FeB16C0.5 is 17,000-17,200 yuan per ton; silicocalcium Ca28Si50 is 9,300-9,500 yuan per ton, Ca28Si55 is 10,000-10,500 yuan per ton, Ca28Si60 is 10,600-10,800 yuan per ton, Ca30Si55 is 10,500-10,700 yuan per ton, Ca30Si56 is 10,000-10,200 yuan per ton, Ca30Si60 is 10,800-11,500 yuan per ton; FeTi30 is 9,300 yuan per ton; cold rolled strip steel Q195 0.35*55 is 4,460-4,480 yuan per ton, Q195 0.4 *55 and Q195 0.45 *55 is 4,420-4,450 yuan per ton, SPCC0.35-0.39*55 is 4,520-4,550 yuan per ton, SPCC 0.4 *55 and SPCC 0.45 *55 is 4,460-4,480 yuan per ton; metal calcium wire (Ca≥97%, Φ: 7-7.5mm) is 18,000-19,000 yuan per ton and metal calcium particle (Ca≥98.5%, Φ: 0-2.5mm) is 19,500-21,000 yuan per ton; metal crude calcium (Ca≥98.5%, particle size: 0-2.5mm) is 18,500-21,000 yuan per ton.

The export transaction price of calcium silicon cored wire ca30si60∮13mm is 1,550 to 1,630 US dollars per ton. Calcium silicon cored wire ca28si55∮13mm is 1,530 to 1,600 US dollars per ton. Bite type solid core pure calcium core wire ca98%min∮9mm is 1,670 to 1,750 US dollars per ton. Pure calcium cored wire Ca30 ∮13mm is 1,350 to 1,400 US dollars per ton. There is no adjustment comparing with the last month (FOB price, Tianjin Port).

Recently, impacted by weather factor, operation rate of numerous cored wire manufacturers is low. Because the steel enterprises are about to stock up at the end of the year, the demand for cored wire is increasing. It is estimated that a short-term short supply will occur in the later market and the prices might rise slightly.

Price Information

Domestic Market Prices of Cored Wire Products

Product Name	Specification	Producing Area	Price (yuan/ton)	Trend
CaSi Cored Wire	Ca28Si50∮13mm	Henan	7,800-8,500	→
CaSi Cored Wire	Ca28Si50∮13mm	Jiangsu	7,800-8,500	→
CaSi Cored Wire	Ca28Si55∮13mm	Henan	9,700-10,000	→
CaSi Cored Wire	Ca28Si55∮13mm	Jiangsu	9,700-10,000	→
CaSi Cored Wire	Ca30Si58∮13mm	Henan	10,500-11,000	→
CaSi Cored Wire	Ca30Si58∮13mm	Jiangsu	10,500-11,000	→
CaSi Cored Wire	Ca30Si60∮13mm	Henan	10,000-11,000	→
CaSi Cored Wire	Ca30Si60∮13mm	Jiangsu	10,000-11,000	→
Pure Calcium Cored wire	Ca98%min∮9mm	Henan	9,700-10,200	→
Pure Calcium Cored wire	Ca98%min∮9mm	Jiangsu	9,700-10,200	→
FeCa Cored Wire	Ca30∮13mm	Henan	8,600-8,800	→
FeCa Cored Wire	Ca30∮13mm	Jiangsu	8,600-8,800	→
FeCa Cored Wire	Ca30 ∮30mm	Henan	10,000-10,500	→
FeCa Cored Wire	Ca30 ∮30mm	Jiangsu	10,000-10,500	→
Carbon Cored Wire	C96%∮13mm	Henan	5,900-6,200	→
Carbon Cored Wire	C96%∮13mm	Jiangsu	5,800-6,000	→
Carbon Cored Wire	C97%∮13mm	Henan	5,800-6,000	→
Carbon Cored Wire	C97%∮13mm	Jiangsu	5,800-6,100	→
Carbon Cored Wire	C98%∮13mm	Henan	5,800-6,100	→
Carbon Cored Wire	C98%∮13mm	Jiangsu	5,800-6,100	→
SiMg Cored Wire	Si40Mg28Re2∮13mm	Henan	11,500-12,500	→
Seamless Metal Calcium Cored Wire	Ca98%min∮9mm	Henan	9,800-10,800	→
Seamless Metal Calcium Cored Wire	Ca98%min∮9mm	Shandong	9,800-10,800	→
Seamless Metal Calcium Cored Wire	Ca98%min∮10mm	Henan	14,800-15,500	→
Seamless Metal Calcium Cored Wire	Ca98%min∮10mm	Shandong	14,800-15,500	→
Sulphur Cored Wire	S98%∮13mm	Henan	6,500-6,800	→
Sulphur Cored Wire	S98%∮13mm	Shandong	6,500-6,800	→
Ferroboron Cored Wire	B17%∮13mm	Henan	18,500-19,000	→
Ferroboron Cored Wire	B17%∮13mm	Shandong	18,500-19,000	→
FeTi Cored Wire	FeTi30%min∮13mm	Shandong	11,500-11,800	→
FeTi Cored Wire	FeTi30%min∮13mm	Jiangsu	11,500-11,800	→
FeTi Cored Wire	FeTi70%min∮13mm	Henan	25,000-25,800	→
FeTi Cored Wire	FeTi70%min∮13mm	Jiangsu	25,000-25,800	→
Nodulizer Cored Wire		Shandong	10,000-10,500	→
Nodulizer Cored Wire		Jiangsu	10,800-11,000	→
Trend	Has stabilized on the whole.

Export Prices of Cored Wire Products

Product Name	Specification	Production Area	Price (US dollar/ton)	Trend
SiCa Cored Wire	Ca28Si55∮13mm	Tianjin Port	1,550-1,600	→
SiCa Cored Wire	Ca30Si60∮13mm	Tianjin Port	1,550-1,630	→
Pure Calcium Cored wire	Ca98%min∮9mm	Shanghai Port	1,670-1,750	→
Pure Calcium Cored wire	Ca30 ∮13mm	Main Ports	1,350-1,400	→
Trend	Stable in this month.

Market Prices of Raw Materials

Metal Calcium

Product Name	Production Area	Price (yuan/ton)	Trend
Reducing Calcium Lump	Henan	18,300-19,300	→
Reducing Calcium Granule	Henan	18,000-18,400	→
Metal Calcium Wire	Henan	18,800-19,800	→
Metal Crude Calcium (Ca≥98.5%.particle size: 0-2.5mm)	Shanxi	18,500-21,000	→
Trend	Has stabilized on the whole.

Ferroboron

Product Name	Specifications	Production Area	Price (yuan/ton)	Trend
Ferroboron	B:20%;C:0.1%	Donggang	24,500-25,000	→
Ferroboron	B:20%;C:0.05%	Donggang	53,500-54,000	→
Ferroboron	B:16%;C:0.5%	Donggang	17,000-17,200	→
Ferroboron	B:17%;C:0.5%	Donggang	17,500-17,800	→
Ferroboron	B:18%;C:0.5%	Donggang	18,000-18,200	→
Ferroboron	B:19%;C:0.5%	Donggang	18,500-19,000	→
Ferroboron	B:19%;C:0.1%	Tieling	24,000-24,500	→
Ferroboron	B:19%;C:0.05%	Tieling	49,500-50,000	→
Ferroboron	B:17%;C:0.5%	Liaoyang	16,500-17,000	→
Ferroboron	B:18%;C:0.5%	Liaoyang	18,500-19,000	→
Trend	Stable in this month.

Ferrophosphorus

Product Name	Specification	Production Area	Price (yuan/ton)	Trend
Ferrophosphorus	P23%	Guizhou	2,500-2,600	→
Ferrophosphorus	P23%	Sichuan	2,500-2,600	→
Ferrophosphorus	P23%	Yunnan	2,500-2,600	→
Ferrophosphorus	P25%	Guizhou	2,500-2,600	→
Ferrophosphorus	P25%	Sichuan	2,500-2,600	→
Ferrophosphorus	P25%	Yunnan	2,500-2,600	→
Trend	Stable in this month.

Cold Rolled Strip Steel

Product Name	Specification	Production Area	Price (yuan/ton)	Trend
Cold Rolled Strip Steel	Q195 0.35*55	Hebei	4,460-4,480	→
Cold Rolled Strip Steel	SPCC0.35-0.39*55	Hebei	4,520-4,550	→
Cold Rolled Strip Steel	Q195 0.4 *55	Hebei	4,520-4,450	→
Cold Rolled Strip Steel	SPCC0.4-0.49*55	Hebei	4,460-4,480	→
Cold Rolled Strip Steel	Q195 0.45 *55	Hebei	4,420-4,450	→
Cold Rolled Strip Steel	SPCC 0.45 *55	Hebei	4,460-4,480	→
Trend	Has not stabilized on the whole.

Calcium Silicon

Product Name	Specification	Production Area	Price (yuan/ton)	Trend
Calcium Silicon	Ca28Si50	Henan	9,300-9,500	→
Calcium Silicon	Ca28Si55	Henan	9,900-10,000	→
Calcium Silicon	Ca28Si60	Henan	10,600-10,800	→
Calcium Silicon	Ca30Si55	Henan	10,500-10,700	→
Calcium Silicon	Ca30Si56	Henan	10,000-10,200	→
Calcium Silicon	Ca30Si60	Ningxia	10,000-10,500	→
Trend	Has stabilized on the whole.

[Editor:张德众]

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