Monthly Comment for Cored Wire Market (September 2019)

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Monthly Comment for Cored Wire Market (September 2019)

Tuesday, October 8, 2019
Source:ferro-alloys.com

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Keywords:No Large Change, Drop Continuously

[Fellow]Comparing with August, the cored wire market in September had no large change. Except nodularizer cored wire dropped slightly because of constant reduction of demand due to sluggish downstream casting industry in which some foundry works had stopped production...

[Expressed by www.ferro-alloys.cn]

It is learned that, comparing with August, the cored wire market in September had no large change. The overall demand was not so high. Most of cored wire manufacturers still rely on delivery for their regular customers. There are few inquiries from new customers. Additionally, as 70th anniversary celebration was coming, in order to reduce atmospheric pollution and to protect the environment, many steel mills throughout the country implemented limited production or suspended production. For this reason, the demand for various cored wires further reduced and order quantity decreased. Except the situation of seamless metal calcium cored wire was relatively optimistic with stable downstream demand, the market demand for carbon, nodularizer cored wire, solid pure calcium cored wire and silicon calcium cored wire further reduced and order from downstream steel mills reduced. Accordingly, the output of cored wire manufacturers decreased and production was on and off. At the end of September, the cored wire enterprises in north areas stopped production in succession. Most of cored wire manufacturer stocked up in advance so that no severe short supply will appear after the holiday of the National Day. The prices of cored wire products will not be impacted too much. In terms of price, except nodularizer cored wire dropped slightly because of constant reduction of demand due to sluggish downstream casting industry in which some foundry works had stopped production, silicon calcium cored wire has reduced slightly, the prices of other cored wire products operate stably.

The market statistics shows that the mainstream transaction price of silicon calcium cored wire Ca28Si55∮13mm is still 10,000-11,000 yuan per ton and Ca30Si58∮13mm is 11,200-12,000 yuan per ton; solid pure calcium cored wire Ca98%min∮9mm is still 10,000-10,500 yuan per ton; ferrotitanium cored wire Ti30%min∮13mm is 11,500-11,800 yuan per ton; ferro calcium cored wire Ca30∮13mm is 8,300-8,800 yuan per ton and Ca30∮30mm is 10,000 to 10,500 yuan per ton; silicon magnesium cored wire Si40Mg28Re2∮13mm is 11,500-12,500 yuan per ton; seamless metal calcium cored wire Ca98%min∮9mm is 10,200 - 11,200 yuan per ton and Ca98%min∮10mm is 15,200 - 16,200 yuan per ton; carbon cored wire C98%∮13mm is 7,000 to 7,500 yuan per ton; nodularizer cored wire is 98,000-10,300 yuan per ton.

In terms of raw material, the price of cold rolled strip steel dropped continuously. Comparing with the end of August, the price of various specifications dropped 260 yuan per ton. By the end of September, Q195 0.35*55 dropped from 4,690-4,710 yuan per ton to 4,430-4,450 yuan per ton, Q195 0.4 *55 and Q195 0.45 *55 dropped from 4,640-4,660 yuan per ton to 4,380-4,400 yuan per ton, SPCC0.35-0.39*55 dropped from 4,740-4,760 yuan per ton to 4,480-4,500 yuan per ton, SPCC 0.4 *55 and SPCC 0.45 *55 dropped from 4,690-4,710 yuan per ton to 4,430-4,450 yuan per ton.

Ferroboron FeB19C0.1 is 20,000-22,000 yuan per ton, FeB18C0.5 is 18,000-18,200 yuan per ton, FeB17C0.5 is 17,500-17,800 yuan per ton and FeB16C0.5 is 16,500-17,000 yuan per ton. Silicon calcium alloy Ca28Si55 is 11,300-11,500 yuan per ton, Ca28Si60 is 10,600-10,800 yuan per ton, Ca30Si55 is 11,500-11,700 yuan per ton and Ca30Si60 is 10,800-11,000 yuan per ton. Silicon calcium 5828 (brand NO.: Ca28, size: 0-3mm) rose to 9,100-9,300 yuan per ton, 5028 (brand No.: Ca30, size: 0-3mm) is 8,400-8,600 yuan per ton, Ca1 (brand No.: Ca 30, natural block) is 11,000- 11,200 yuan per ton, Ca2 (brand No.: Ca30, natural block) is 10,800-11,000 yuan per ton, Ca28Si55 is 11,300-11,500 yuan per ton, Ca28Si60 is 10,600-10,800 yuan per ton, Ca30Si55 is 11,500-11,700 yuan per ton and Ca30Si60 is 10,800-11,000 yuan per ton. Metal crude calcium is 15,200-15,400 yuan per ton.

The export transaction price of calcium silicon cored wire ca30si60∮13mm is 1,550 to 1,630 US dollars per ton. Calcium silicon cored wire ca28si55∮13mm is 1,530 to 1,600 US dollars per ton. Bite type solid core pure calcium core wire ca98%min∮9mm is 1,670 to 1,750 US dollars per ton. Pure calcium cored wire (Ca30 ∮13mm) is 1,350 to 1,400 US dollars per ton. There is no adjustment comparing with the last month (FOB price, Tianjin Port).

Recently, it is estimated that the price of cold rolled strip steel will still fluctuate, but tends to be stable on the whole and cored wire market will be stable in which there will not be large price fluctuation.

Price Information

Domestic Market Prices of Cored Wire Products

Product Name	Specification	Producing Area	Price (yuan/ton)	Trend
CaSi Cored Wire	Ca28Si55∮13mm	Henan	10,000-11,000	↓
CaSi Cored Wire	Ca28Si55∮13mm	Jiangsu	10,000-11,000	↓
CaSi Cored Wire	Ca30Si58∮13mm	Henan	11,200-12,000	↓
CaSi Cored Wire	Ca30Si58∮13mm	Jiangsu	11,200-12,000	↓
Pure Calcium Cored wire	Ca98%min∮9mm	Henan	10,000-10,500	→
Pure Calcium Cored wire	Ca98%min∮9mm	Jiangsu	10,000-10,500	→
FeCa Cored Wire	Ca30∮13mm	Henan	8,300-8,800	→
FeCa Cored Wire	Ca30∮13mm	Jiangsu	8,300-8,800	→
FeCa Cored Wire	Ca30∮30mm	Henan	9,500-10,000	→
FeCa Cored Wire	Ca30∮30mm	Jiangsu	10,000-10,500	→
Carbon Cored Wire	C98%∮13mm	Henan	7,000-7,500	→
Carbon Cored Wire	C98%∮13mm	Jiangsu	7,000-7,500	→
SiMg Cored Wire	Si40Mg28Re2∮13mm	Henan	11,500-12,500	→
Seamless Metal Calcium Cored Wire	Ca98%min∮9mm	Henan	10,200-11,200	→
Seamless Metal Calcium Cored Wire	Ca98%min∮9mm	Shandong	10,200-11,200	→
Seamless Metal Calcium Cored Wire	Ca98%min∮10mm	Henan	15,200-16,200	→
Seamless Metal Calcium Cored Wire	Ca98%min∮10mm	Shandong	15,200-16,200	→
FeTi Cored Wire	Ti30%min∮13mm	Jiangsu	11,500-11,800	→
Nodulizer Cored Wire		Jiangsu	98,000-10,300	↓
Trend	The demand continues to drop on the whole and is unlikely to increase soon.

Export Prices of Cored Wire Products

Product Name	Specification	Production Area	Price (US dollar/ton)	Trend
SiCa Cored Wire	Ca28Si55∮13mm	Tianjin Port	1,550-1,600	→
SiCa Cored Wire	Ca30Si60∮13mm	Tianjin Port	1,550-1,630	→
Pure Calcium Cored wire	Ca98%min∮9mm	Shanghai Port	1,670-1,750	→
Pure Calcium Cored wire	Ca30 ∮13mm	Main Ports	1,350-1,400	→
Trend	Stable in this month.

Market Prices of Raw Materials

Metal Calcium

Product Name	Production Area	Price (yuan/ton)	Trend
Reducing Calcium Lump	Henan	18,300-19,300	→
Reducing Calcium Granule	Henan	18,000-18,400	→
Metal Calcium Wire	Henan	18,800-19,800	→
Metal Crude Calcium	Shanxi	15,200-15,400	→
Trend	Has stabilized on the whole.

Ferroboron

Product Name	Specifications	Production Area	Price (yuan/ton)	Trend
Ferroboron	B:20%;C:0.1%	Donggang	24,500-25,000	→
Ferroboron	B:20%;C:0.05%	Donggang	53,500-54,000	→
Ferroboron	B:17%;C:0.5%	Donggang	16,500-17,000	→
Ferroboron	B:18%;C:0.5%	Donggang	17,500-18,000	→
Ferroboron	B:19%;C:0.5%	Donggang	18,500-19,000	→
Ferroboron	B:19%;C:0.1%	Tieling	24,000-24,500	→
Ferroboron	B:19%;C:0.05%	Tieling	49,500-50,000	→
Ferroboron	B:17%;C:0.5%	Liaoyang	18,500-19,000	→
Ferroboron	B:18%;C:0.5%	Liaoyang	18,500-19,000	→
Trend	Stable in this month.

Ferrophosphorus

Product Name	Specification	Production Area	Price (yuan/ton)	Trend
Ferrophosphorus	P23%	Guizhou	2,500-2,600	→
Ferrophosphorus	P23%	Sichuan	2,500-2,600	→
Ferrophosphorus	P23%	Yunnan	2,500-2,600	→
Ferrophosphorus	P25%	Guizhou	2,500-2,600	→
Ferrophosphorus	P25%	Sichuan	2,500-2,600	→
Ferrophosphorus	P25%	Yunnan	2,500-2,600	→
Trend	Stable in this month.

Cold Rolled Strip Steel

Product Name	Specification	Production Area	Price (yuan/ton)	Trend
Cold Rolled Strip Steel	Q195 0.35*55	Hebei	4,430-4,450	↓
Cold Rolled Strip Steel	SPCC0.35-0.39*55	Hebei	4,480-4,500	↓
Cold Rolled Strip Steel	Q195 0.4 *55	Hebei	4,380-4,400	↓
Cold Rolled Strip Steel	SPCC0.4-0.49*55	Hebei	4,430-4,450	↓
Cold Rolled Strip Steel	Q195 0.45 *55	Hebei	4,380-4,400	↓
Cold Rolled Strip Steel	SPCC 0.45 *55	Hebei	4,430-4,450	↓
Trend	The price dropped significantly recently and is still likely to fluctuate, but tends to be stable on the whole.

Calcium Silicon Alloy

Product Name	Specification	Production Area	Price (yuan/ton)	Trend
Calcium Silicon Alloy	Ca28Si50	Henan	9,300-9,500	→
Calcium Silicon Alloy	Ca28Si55	Henan	11,300-11,500	→
Calcium Silicon Alloy	Ca28Si60	Henan	10,600-10,800	→
Calcium Silicon Alloy	Ca30Si55	Henan	11,500-11,700	→
Calcium Silicon Alloy	Ca30Si60	Henan	10,800-11,000	→
Trend	Has stabilized on the whole.

[Editor:张德众]

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