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China Silicomanganese Alloy Market Movement: Forecasts of Hebei Iron & Steel April Silicomanganese Alloy Procurement Price (2013-3-28)
Mar 28,2013 19:16CST
price review forecast
Source:SMM
SMM sources report Hebei Iron & Steel started bidding for silicomanganese alloy procurement in April, with purchasing volume down 3,500 mt.

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
silicomanganese alloy price

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