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Weekly Review of Silicon and Manganese Market (7.1 to 7.5): high and stable Steel Price
Jul 5,2019 19:56CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

This week, the silicon and manganese market ushered in the high price of silicon and manganese bidding of Hegang, which is expected and worthy of joy, which has established the high price tone of the current market.

At the beginning of the week, the national silicon and manganese market quotation is relatively stable, did not continue to rise or decline slightly, the north-south silicon-manganese price gap gradually narrowed the average price gradually flat; The voice of rising prices in the manganese mine market is getting louder and louder. The prices of some manganese mines in Qinzhou Port have risen by 0.5 yuan per ton today, but the actual transaction prices have not changed obviously. at the same time, in order to deal with the difficult to rise mine prices, some traders choose not to quote, in order to counter the market shows a slightly decadent state. In recent weeks, the port inventory continues to go down, gradually repairing to the relative balance between supply and demand, manganese ore prices may be supported by rising; July 3, Hegang July Si-mn finally the same as last month, failed to survive the Yu alloy plant bidding game, pricing 7900 yuan / ton, up 300 yuan / ton from June, compared with the previous two rounds of inquiry rose 7900 yuan / ton, which also led to the futures plate, due to the rise in the price of Hegang, the downward trend turned upward, the highest 7760; near the weekend, silicon and manganese manufacturers have been mainly produced, the market list is full.

At the same time, according to SMM research, the northern Si-mn alloy manufacturers have carried out maintenance in the high price market, mainly because of the problems of the furnace body, so it has to be overhauled. According to current statistics, three ore heating furnaces have been overhauled, and the furnace types are all above 30000KVA. Two of them are expected to be overhauled for 20 to 30 days, and the other is for short-term repair, which is expected to be 7 to 10 days. At the same time, one 20000KVA is expected to be overhauled, but the details have not been determined. If all the four ore furnaces are overhauled as expected, the output of silicon and manganese is expected to be reduced by about 19000 tons. At the same time, last week, Ningxia Hongguozi Silicon Manganese Alloy Factory carried out environmental acceptance (the rest of Shizuishan has not yet had the news of reproduction), it is understood that the environmental acceptance work has been basically completed, the overall acceptance results are better, the local capacity involved in the monthly capacity of about 14000 tons, if the successful resumption of production can be executed about 10, 000 tons, but the local industry said that the date of resumption of production has not been set, failed to meet the expected short-term resumption of production. Therefore, the possibility of obvious improvement in the spot situation in the short-term market is less likely.

Weekly Review
Silicon and Manganese. Silicon manganese alloy

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