[Ferro-alloys.com] Spot supply of calcium metal was no longer in serious shortage and market price began to drop in China. According to the investigation of www.ferro-alloys.com, in Shanxi and Henan Province, the major producing areas of calcium metal, mainstream ex-work price of Ca98%，0-2mm calcium pullet decreased to around RMB 22,700/mt (USD3,661/mt), down about RMB 500/mt. As hot summer was about to end, more calcium manufacturers resumed production and output stabilized. Spot shortage was relived, so market price began to fall.

As raw material price dropped, calcium wire price decreased a little. Ex-work price of Ca98%min∮9㎜Ca wire dropped to about  RMB12000/mt.Other cored wire was not affected. 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. 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).

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]