Home / Metal News / Aluminium / China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Market Remains Weak as Steel Market Faces Downward Pressure (2013-3-22)
China Silicomanganese Alloy Market Movement: Silicomanganese Alloy Market Remains Weak as Steel Market Faces Downward Pressure (2013-3-22)
Mar 22,2013 18:59CST
price review forecast
Source:SMM
Daily average crude steel output from January to February 2013 reached a record high of 2.13 million mt.

SHANGHAI, Mar. 22 (SMM) – Daily average crude steel output from January to February 2013 reached a record high of 2.13 million mt. As capacity grows, oversupply improved. Steel inventories stand high, and steel prices continue to fluctuate at low levels. Besides, steel futures prices are expected to fall due to tightened regulations to the property market, soaring crude steel output, sluggish downstream demand and steel plants lowering prices.

Silicomanganese alloy prices moved steadily. Prices in north China were RMB 6,800-7,000/mt (ex-works, including tax, by acceptance); prices in south China were RMB 6,850-6,950/mt (ex-works, including tax, by acceptance). Falling manganese ore prices and weakening steel market both weighed down the silicomanganese alloy market.

Mainstream quotes for silicomanganese alloy today:
 

Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Mar. 21 (RMB/mt)
Fluctuation
Note
Silicomanganese alloy
6517
Liaoning
6850-6950
6900-7000
↓50
Ex-works, including tax
Silicomanganese alloy
Hunan
6650-6750
6650-6750
Ex-works, including tax
Silicomanganese alloy
Henan
6350-6400
6350-6450
↓25
Excluding tax,
Trading Market
Silicomanganese alloy
Guangxi
6650-6750
6650-6750
Ex-works, including tax
Silicomanganese alloy
Sichuan
6650-6750
6650-6750
Ex-works, including tax
Silicomanganese alloy
Yunnan
6550-6650
6550-6650
Ex-works, including tax
Silicomanganese alloy
Guizhou
6600-6700
6650-6750
↓50
Ex-works, including tax
Silicomanganese alloy
Ningxia
6800-6850
6800-6850
By acceptance, ex-works, including tax
Silicomanganese alloy
Shanxi
6750-6800
6750-6800
Ex-works, including tax
Silicomanganese alloy
Inner Mongolia
6700-6750
6750-6800
↓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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