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Cored Wire Market was still in Downtown in China (Nov.24th –Nov.28th)

  • Monday, December 1, 2014
  • Source:ferro-alloys.com

  • Keywords:Ca metal, Ca, Calcium, cored wire,CaSi,strip steel
[Fellow]Chinese core wire market was still in downturn last week. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around RMB12400-12600/mt

[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com, Chinese core wire market was still in downturn last week. In Henan province, ex-work price of Ca98%min∮9㎜Ca wire stayed around  RMB12400-12600/mt (USD2000-2032/mt).Other cored wires were also peaceful. In Henan province, mainstream ex-work price of Ca28Si55∮13㎜ CaSi wire stayed at RMB 9800-10000/mt. Ex-work price of C98%∮13㎜ carbon wire stayed at  RMB 4600-4800/mt. Operation of cored wire manufacturers was not good.

Calcium metal market was in chaos. In Shanxi and Henan Province, the major producing areas of calcium metal, ex-work price of Ca98%,0-2mm calcium granule ranged from RMB 18500/mt to RMB 19500/mt, and price of Ca98%min ∮7.5㎜calcium silk stayed around RMB 21500/mt.

Cold-rolled strip steel price was still low. In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55 strip steel stayed at RMB 4000-4200/mt (USD 645-USD677/mt).

In general, cored market would still be weak as steel market could not turn better in the short term.

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  • [Editor:Mike.zhang]

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