Home / Metal News / Copper / 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)
Mar 29,2013 18:40CST
price review forecast
Source:SMM
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

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