Home / Metal News / Lead / China EMM Market Weekly Forecast (Mar.25-29)
China EMM Market Weekly Forecast (Mar.25-29)
Mar 26,2013 17:55CST
price review forecast
Source:SMM
SMM expects that EMM prices will stabilize around RMB 13,500/mt if stainless steel mills begin bidding for steel.

SHANGHAI, Mar. 25 (SMM) – Early last week, domestic EMM prices fell from RMB 13,300-13,500/mt to RMB 13,300/mt, but EMM pries later advanced to RMB 13,400-13,500/mt with the recovery of downstream demand. 
 
According to SMM sources, operating rates at China EMM producers rose to 45%, and are expected to rise further. However, demand from China’s #200 stainless steel sector remained sluggish. SMM believes that the soft downstream demand will weigh on EMM prices to fall further after stainless steel mills finished biding for steel. SMM expects that EMM prices will stabilize around RMB 13,500/mt if stainless steel mills begin bidding for steel.
 

EMM price
China EMM price
China manganese price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

    timeApr 28, 2020 21:34timezoneCST
    timeApr 28, 2020 19:42timezoneCST
    timeApr 28, 2020 19:34timezoneCST
    timeApr 28, 2020 18:54timezoneCST
    timeApr 28, 2020 18:13timezoneCST
    timeApr 28, 2020 18:13timezoneCST
    timeApr 28, 2020 17:54timezoneCST
    timeApr 28, 2020 18:24timezoneCST
    timeApr 28, 2020 16:51timezoneCST
    timeApr 28, 2020 16:38timezoneCST