SHANGHAI, Mar. 28 (SMM) – SMM sources report Hebei Iron & Steel started bidding for silicomanganese alloy procurement in April, with purchasing volume down 3,500 mt. That is because of maintenance at Tangshan Iron & Steel and Chengde Iron & Steel. According to SMM sources, steel prices continued to fall due to high crude steel output, sluggish end-user demand and massive trading inventories. In this context, both purchase volume and price by steel plants are pessimistic. Coupled with falling manganese ore and coke prices, Hebei Iron & Steel will lower silicomanganese alloy procurement prices, with declines of RMB 50/mt.
Mainstream quotes for silicomanganese alloy today:
Brand
|
Province
|
Mainstream Prices Today (RMB/mt)
|
Mainstream Prices on Mar. 27 (RMB/mt)
|
Fluctuation
|
Note
|
|
Silicomanganese alloy
|
6517
|
Liaoning
|
6850-6950
|
6850-6950
|
→
|
Ex-works, including tax
|
Silicomanganese alloy
|
Hunan
|
6650-6750
|
6650-6750
|
→
|
Ex-works, including tax
|
|
Silicomanganese alloy
|
Henan
|
6350-6400
|
6350-6450
|
→
|
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
|
6600-6700
|
→
|
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
|
6700-6750
|
→
|
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
|
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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