China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Remain Steady (2013-1-22)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Remain Steady (2013-1-22)

Price Review & Forecast 05:42:23PM Jan 22, 2013 Source:SMM

SHANGHAI, Jan. 22 (SMM) – SMM sources report rebar prices in most cities fell slightly, with transactions muted. Demand for building steel shrank leading up to the Chinese New Year holiday. Due to cash flow problems, steel traders will likely discount goods, and this might be a major reason why building steel market inches down before the holiday.

Besides, improving economy allowed rebar prices to rebound in early December. With optimism, steel inventories continued to grow, so steel prices are expected to drop.
Silicomanganese alloy prices remain steady, and the market will remain cautious until mainstream steel plants release silicomanganese alloy procurement prices for February.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 21 (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
5950-6000
5900-6000
↑ 25
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5800-5900
↑ 50
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5800-5900
↑ 25
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5650
↑ 25
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5450-5550
↑ 50
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5450-5550
↑ 25
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

Price

more
SMM #1 Nickel
Oct.18
131000.0
-500.0
(-0.38%)
#1 JinChuan Nickel
Oct.18
131150.0
-450.0
(-0.34%)
#1 Import Nickel
Oct.18
130850.0
-500.0
(-0.38%)
JinChuan B&C
Oct.18
4550.0
1450.0
(46.77%)
Russian nickel premium
Oct.18
4350.0
1400.0
(47.46%)

China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Prices Remain Steady (2013-1-22)

Price Review & Forecast 05:42:23PM Jan 22, 2013 Source:SMM

SHANGHAI, Jan. 22 (SMM) – SMM sources report rebar prices in most cities fell slightly, with transactions muted. Demand for building steel shrank leading up to the Chinese New Year holiday. Due to cash flow problems, steel traders will likely discount goods, and this might be a major reason why building steel market inches down before the holiday.

Besides, improving economy allowed rebar prices to rebound in early December. With optimism, steel inventories continued to grow, so steel prices are expected to drop.
Silicomanganese alloy prices remain steady, and the market will remain cautious until mainstream steel plants release silicomanganese alloy procurement prices for February.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Jan. 21 (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
5950-6000
5900-6000
↑ 25
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5800-5900
↑ 50
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5800-5900
↑ 25
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5650
↑ 25
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5450-5550
↑ 50
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5450-5550
↑ 25
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