Home / Metal News / China Silicomanganese Alloy Market Movement: Hebei Iron & Steel Lowers April Silicomanganese Alloy Procurement Price by RMB 200/mt (2013-3-29)

China Silicomanganese Alloy Market Movement: Hebei Iron & Steel Lowers April Silicomanganese Alloy Procurement Price by RMB 200/mt (2013-3-29)

iconMar 29, 2013 18:40
SMM expects April silicomanganese alloy procurement prices will fall given sluggish steel market and sufficient silicomanganese alloy supply.

SHANGHAI, Mar. 29 (SMM) – SMM expects April silicomanganese alloy procurement prices will fall given sluggish steel market and sufficient silicomanganese alloy supply, but declines have been larger than expected. SMM sources report SiMn 65/17 procurement prices by Hebei Iron & Steel were down 200 mt, to RMB 7,050/mt (including tax, by acceptance). Shasteel also began to inquire for silicomanganese alloy. The two steel plants both cut April purchasing volumes.

Mainstream quotes for silicomanganese alloy today:
 

Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Mar. 28 (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 procurement prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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