[Ferro-alloys.com] Cored wire market was generally stable in China last week. In Henan province, mainstream ex-work price of Ca28Si55∮13㎜ CaSi wire stayed at RMB 9800-10000/mt. Ex-work price of C98%∮13㎜ carbon wire stayed at  RMB 4600-4800/mt. As raw material price dropped, calcium wire price decreased a little. Ex-work price of Ca98%min∮9㎜Ca wire dropped to about  RMB12500/mt (USD2016/mt) recently. Operation of major cored wire manufacturers was generally normal.

Cold-rolled strip steel price was still low. In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55 strip steel stayed at RMB 4000-4200/mt (USD 645-USD677/mt).

As FeCa wire was replaced much by calcium wire, cored wire iron powder price was low. In Henan province, ex-work price of 20-60 mesh, Fe98% iron power stayed around RMB 4100/mt

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]