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[Ferro-alloys.com]: The hottest period has come this summer! Not the same for cored wires market. Companies choose to cut output volumes to survive the hard times simultaneously.

Anyang Shunfu Metallurgy& Refractory Co., Ltd is no exception. As a company engaged in producing CaSi cored wires and magnesium cored wires, it now runs only 2 lines. When running at full capacity, the output can reach 400—500 tons, but now the volume is adjusted down.

Now its products are available only in Chinese market with major steel mills nationwide as its clients. Foreign market remains untapped.

Manager explained that the profit is slim though payment comes quick for export.

As for the price, he expected that the price won’t drop in the near future since it had reached bottom.

Whether steel mills or cored wires companies, in his view, have expanded their outputs greatly in recent years and this leads to huge stocks which requires a long period to be digested.

• [Editor:Zhang Xing]