Cored Wire Market was still Peaceful in China (Jan.12th –Jan.16th)

  • Monday, January 19, 2015
  • Source:ferro-alloys.com

  • Keywords:Ca metal, Ca, Calcium, cored wire,CaSi,strip steel
[Fellow]According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price

[Ferro-alloys.com]According to the investigation of www.ferro-alloys.com, core wire market was peaceful last week in China. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around  RMB12300-12500/mt (USD1984-2016/mt). Ex-work price of Ca28Si55∮13㎜ CaSi wire stayed aound RMB9400-9600/mt and Ca30 ∮13㎜ FeCa wire was RMB9500-9700/mt . Other cored wires were also peaceful. In Henan province, mainstream ex-work price of C98%∮13㎜ carbon wire stayed at  RMB 4600-4800/mt. Operation of cored wire manufacturers was not good.

Calcium metal market was generally stable. In Shanxi and Henan Province, the major producing areas of calcium metal, ex-work price of Ca98%,0-2mm calcium granule stayed around RMB 18500/mt. Meanwhile, ex-work price of Ca98%min ∮7.5㎜calcium silk stayed around RMB 21100/mt. Calcium metal price seemed to have touched bottom.

Cold-rolled strip steel price continued to drop as demand from cored wire market was weak. In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55, Q195 strip steel dropped from RMB 3800-4000/mt (USD613-USD645/mt) to RMB 3600-3800/mt (USD581-USD613/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]

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