SMM EMM Weekly Price Review and Forecast (Feb. 9-13, 2015)

Feb 9, 2015 13:24

MM in China was largely offered between RMB 11,800-12,000/mt, but was actually traded between RMB 11,800-11,900/mt.

SHANGHAI, Feb. 9 (SMM) – EMM in China was largely offered between RMB 11,800-12,000/mt, but was actually traded between RMB 11,800-11,900/mt. EMM consumption fell as some stainless steel mills have closed for maintenance.

EMM prices are expected to remain at current lows of RMB 11,800-11,900/mt this week, due to falling demand and tightening cash.

China EMM prices

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SMM EMM Weekly Price Review and Forecast (Feb. 9-13, 2015)

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