China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Stay Stable (2013-1-14)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Stay Stable (2013-1-14)

Price Review & Forecast 04:58:18PM Jan 14, 2013 Source:SMM

SHANGHAI, Jan. 14 (SMM) – The silicomanganese alloy market remained steady today. SMM sources report steel prices rose while transactions contracted. Domestic steel prices were up recently due to positive macroeconomic news and rebounding billet prices and capital market. But demand for steel weakened due to the low demand season, causing trading volumes to shrank, with prices for major steel categories fluctuating at low levels.

Meanwhile, spot silicomanganese alloy supply is sufficient. SMM believes as demand for steel has yet to improve, and since steel plants will suspend and conduct maintenance at blast furnaces, domestic silicomanganese alloy prices lack momentum to rise. SMM sources report steel plants have almost finished silicomanganese alloy purchasing, and some have advanced purchases for February.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 11 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6950-7050
6950-7050
Ex-works, including tax
Silicomanganese alloy
Hunan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Henan
6400-6500
6400-6500
Excluding tax,
Trading Market
Silicomanganese alloy
Guangxi
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Sichuan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Yunnan
6600-6700
6600-6700
Ex-works, including tax
Silicomanganese alloy
Guizhou
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Ningxia
6950-7000
6950-7000
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5900-6000
5900-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Guizhou
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5650
5600-5650
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
58#
Hunan
5350-5400
5350-5400
Ex-works, excluding tax
Silicomanganese alloy
55#
Hunan
5200-5250
5200-5250
Ex-works, excluding tax
Silicomanganese alloy
50#
Hunan
4850-4900
4850-4900
Ex-works, excluding tax

China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Stay Stable (2013-1-14)

Price Review & Forecast 04:58:18PM Jan 14, 2013 Source:SMM

SHANGHAI, Jan. 14 (SMM) – The silicomanganese alloy market remained steady today. SMM sources report steel prices rose while transactions contracted. Domestic steel prices were up recently due to positive macroeconomic news and rebounding billet prices and capital market. But demand for steel weakened due to the low demand season, causing trading volumes to shrank, with prices for major steel categories fluctuating at low levels.

Meanwhile, spot silicomanganese alloy supply is sufficient. SMM believes as demand for steel has yet to improve, and since steel plants will suspend and conduct maintenance at blast furnaces, domestic silicomanganese alloy prices lack momentum to rise. SMM sources report steel plants have almost finished silicomanganese alloy purchasing, and some have advanced purchases for February.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 11 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6950-7050
6950-7050
Ex-works, including tax
Silicomanganese alloy
Hunan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Henan
6400-6500
6400-6500
Excluding tax,
Trading Market
Silicomanganese alloy
Guangxi
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Sichuan
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Yunnan
6600-6700
6600-6700
Ex-works, including tax
Silicomanganese alloy
Guizhou
6700-6800
6700-6800
Ex-works, including tax
Silicomanganese alloy
Ningxia
6950-7000
6950-7000
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6900-6950
6900-6950
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5900-6000
5900-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Guizhou
5800-5900
5800-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5650
5600-5650
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5450-5550
5450-5550
Ex-works, excluding tax
Silicomanganese alloy
58#
Hunan
5350-5400
5350-5400
Ex-works, excluding tax
Silicomanganese alloy
55#
Hunan
5200-5250
5200-5250
Ex-works, excluding tax
Silicomanganese alloy
50#
Hunan
4850-4900
4850-4900
Ex-works, excluding tax