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SMM EMM Weekly Price Review and Forecast (Apr. 7-10, 2015)
Apr 7,2015 16:07CST
price review forecast
Source:SMM
EMM prices in China fell in the week ending April 3, but at a slower pace.
SHANGHAI, Apr. 7 (SMM) – EMM prices in China fell in the week ending April 3, but at a slower pace. Traded prices fell to RMB 11,400/mt early last week, but stabilized later since most producers refrained from selling against losses. Trading was thin.  
 
Operating rates at EMM producers did not drop sharply, and demand from #200 stainless steel producers remains tepid, so EMM prices will remain under downward pressure this week.  
 
China EMM prices

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