[Ferro-Alloys.com] China Mg cored wire market kept stable at the beginning of this month. At present, Mg cored wire Mg97 price was RMB18,300-18,500/mt(ex-work) in the northern part of China, and Mg99.8-99.9 was offered at RMB19,400-19,600/mt.

All parts of the country has fallen into the returning tide of the Spring Festival since early February 2013, Therefore, business activities in silicon metal market also began to reduce gradually ,and the market price stabilized meanwhile.