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China Silicomanganese Alloy Market Movement: Low SiMn 65/17 and SiMn 60/14 Prices (2013-3-5)

iconMar 5, 2013 16:18
Source:SMM
As steel plants generally slashed purchasing prices for silicomanganese alloy for March, spot silicomanganese alloy prices trended slightly down.

SHANGHAI, Mar. 5 (SMM) – As steel plants generally slashed purchasing prices for silicomanganese alloy for March, spot silicomanganese alloy prices trended slightly down. Mainstream traded prices for SiMn 65/17 in Inner Mongolia were between RMB 7,000-7,050/mt, RMB 6,900-6,950/mt in Gansu, and RMB 6,850-6,900/mt in Ningxia (all ex-work prices including tax and by acceptance). However, SiMn 65/17 prices saw no major changes in south China. Silicomanganese alloy supply was relatively tight owing to sluggish downstream demand. Ex-work prices (including tax) for SiMn 60/14 were RMB 5,850-5,950/mt in Guangxi, and RMB 5,950-6,000/mt in Hunan.

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Feb. 4th (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
6850-6900
6850-6900
Acceptance bill payment, ex-works, including tax
Silicomanganese alloy
Shanxi
6800-6850
6800-6850
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6800-6850
6800-6850
Ex-works, including tax
Silicomanganese alloy
6014
Hunan
5950-6000
5950-6000
Ex-works, including tax
Silicomanganese alloy
Guangxi
5850-5950
5850-5950
Ex-works, including tax
Silicomanganese alloy
Guizhou
5850-5900
5850-5900
Ex-works, including tax
Silicomanganese alloy
Hunan
5600-5700
5600-5700
Ex-works, excluding tax
Silicomanganese alloy
Guangxi
5500-5600
5500-5600
Ex-works, excluding tax
Silicomanganese alloy
Guizhou
5500-5550
5500-5550
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
China steel market
China SiMn 65/17 prices
China SiMn 60/14
silicomanganese alloy supply

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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