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China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Market Remains Sluggish Due to Poor Steel Market (2013-3-15)
Mar 15,2013 17:48CST
price review forecast
Source:SMM
The steel market remained sluggish as China tightened regulations to the real estate sector, and this depressed steel trader buying interest.

SHANGHAI, Mar. 15 (SMM) – The steel market remained sluggish as China tightened regulations to the real estate sector, and this depressed steel trader buying interest. Downstream demand for steel leveled with last year. As operating rates at building sites increase, pessimism of steel traders is expected to ease.

Spot silicomanganese alloy prices fell. Spot prices for SiMn 65/17 in Ningxia, Qinghai and Gansu are now RMB 6,800-6,850/mt (including tax, by acceptance); prices in Inner Mongolia and Shanxi are RMB 6,950-7,000/mt (including tax, by acceptance). Mainstream quotes in northeast China remain between RMB 7,100-7,200/mt (ex-works, including tax, by acceptance); mainstream quotes in Guizhou and Yunnan are between RMB 6,900-7,000/mt (including tax, by acceptance).

Prices for SiMn 60/14 in Guangxi are RMB 5,550-5,600/mt (ex-works, excluding tax, by cash); prices for SiMn 60/14 in Guizhou are RMB 5,550-5,650/mt (ex-works, excluding tax, by cash); prices in Hunan are RMB 5,650-5,680/mt (ex-works, excluding tax, by cash);

Mainstream quotes for silicomanganese alloy today:
 

Product
Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Mar. 14 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6900-7000
6950-7050
↓50
Ex-works, including tax
Silicomanganese alloy
Hunan
6650-6750
6700-6800
↓50
Ex-works, including tax
Silicomanganese alloy
Henan
6350-6450
6400-6500
↓50
Excluding tax,
Trading Market
Silicomanganese alloy
Guangxi
6650-6750
6700-6800
↓50
Ex-works, including tax
Silicomanganese alloy
Sichuan
6650-6750
6700-6800
↓50
Ex-works, including tax
Silicomanganese alloy
Yunnan
6550-6650
6600-6700
↓50
Ex-works, including tax
Silicomanganese alloy
Guizhou
6650-6750
6700-6800
↓50
Ex-works, including tax
Silicomanganese alloy
Ningxia
6800-6850
6850-6900
↓50
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6750-6800
6800-6850
↓50
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6750-6800
6800-6850
↓50
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
5800-5850
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
silicomanganese alloy prices

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