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Print[Ferro-Alloys.com]Recently the price ofSiMg lowered slightly and the price changed greatly in different areas because of different amount of the rare earth etc. metal.
According to the news from ferro-alloys.com, the quotation of FeSiMg6Re2 (Ex works price including VAT)respectively was Inner Mongolia, RMB 8,200-8,300/mt (USD1333-1349/mt),Jiangsu, RMB 8,800-8,900/mt (USD1431-1447/mt)，Zhejiang, RMB 9,100/mt (USD1479/mt).
The quotation of FeSiMg8Re3 in Inner Mongolia was not stable. The lowest price was at RMB 8300/mt (USD1349/mt) while the highest had upped to RMB 8700/mt (USD1414/mt), Hubei, RMB 10400-10500/mt (USD1691-1707/mt), Zhejiang, RMB 8,200-8,300/mt (USD1333-1349/mt).
The quotation of FeSiMg8Re5 was Inner Mongolia, RMB 9000/mt (USD1463/mt), Henan, RMB 9700/mt (USD1577/mt), Hubei, RMB 10800-10900/mt (USD1756-1772/mt).
The quotation of FeSiMg8Re7 was Inner Mongolia, RMB 10200/mt (USD1658/mt)
In a word, under the weak circumstance of ferroalloys industries,FeSiMg enterprises also admitted that it was difficult to make business, at the same time, the downstream enterprises also were bad situation. Due to a little purchase quantity from Foundry or Cored Wire enterprises, most FeSiMg enterprises ekes out to sustain production, even some had to shut down.
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