China Silicomanganese Alloy Market Movement: Hebei Iron & Steel Lowers April Silicomanganese Alloy Procurement Price by RMB 150/mt (2013-4-1)-Shanghai Metals Market

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China Silicomanganese Alloy Market Movement: Hebei Iron & Steel Lowers April Silicomanganese Alloy Procurement Price by RMB 150/mt (2013-4-1)

Price Review & Forecast 07:37:47PM Apr 01, 2013 Source:SMM

SHANGHAI, Apr. 1 (SMM) – SiMn 65/17 procurement prices by Hebei Iron & Steel were down 150/mt, to RMB 7,100/mt (including tax, by acceptance). By March 29th, trading inventoires of the major five steel categories were 21.927 million mt, down 154,000 from the previous week, but declines narrowed sharply. Falling steel inventories and increasing steel plants conducing maintenance give supports to steel prices, but losses at steel plants remain severe. Most alloy cargo holders took a wait-and-see attitude as the high-water season in south China and the Qingming holiday near. Besides, despite spot manganese ore prices at ports continue to weaken, rising overseas prices limited price declines, so situations at alloy producers are pessimistic.

Mainstream quotes for silicomanganese alloy today:
 

Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Mar. 29 (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

China Silicomanganese Alloy Market Movement: Hebei Iron & Steel Lowers April Silicomanganese Alloy Procurement Price by RMB 150/mt (2013-4-1)

Price Review & Forecast 07:37:47PM Apr 01, 2013 Source:SMM

SHANGHAI, Apr. 1 (SMM) – SiMn 65/17 procurement prices by Hebei Iron & Steel were down 150/mt, to RMB 7,100/mt (including tax, by acceptance). By March 29th, trading inventoires of the major five steel categories were 21.927 million mt, down 154,000 from the previous week, but declines narrowed sharply. Falling steel inventories and increasing steel plants conducing maintenance give supports to steel prices, but losses at steel plants remain severe. Most alloy cargo holders took a wait-and-see attitude as the high-water season in south China and the Qingming holiday near. Besides, despite spot manganese ore prices at ports continue to weaken, rising overseas prices limited price declines, so situations at alloy producers are pessimistic.

Mainstream quotes for silicomanganese alloy today:
 

Brand
Province
Mainstream Prices Today (RMB/mt)
Mainstream Prices on Mar. 29 (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