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SHANGHAI, Mar. 13 (SMM) – Continuously falling steel prices kept the market pessimistic. Steel prices did not improve given high output and inventories, and it is unknown when the development of urbanization and fixed assets investments will boost the steel market.
Domestic silicomanganese alloy market remained weak. Given supply surplus and low downstream demand and high production costs, silicomanganese alloy prices will continue to fluctuate weakly in the foreseeable future.
Mainstream quotes for silicomanganese alloy today:
Product
|
Brand
|
Province
|
Mainstream Prices Today (RMB/mt)
|
Mainstream Prices on Mar. 12 (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
|
→
|
By acceptance, 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
|
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
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