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[Ferro-Alloys.com] After the holidays of May Day, the cored wire market price still stands at a high level. On one hand, the price rise is energized by the elimination of the outdated capacity; on the other hand, it is supported by the material cost rise.

Due to the continued weak demand, Xinjiang Xinye Huamei Technology Co.,Ltd stopped the production of Calsium silicon and CaSi cored wires.

Lack of tenders of cored wires, recently the production equipment of cored wires has been unused, according to Anyang Jinyaoyuan Metallurgy Co., Ltd.

The monthly production of SiCa cored wires of Anyang Dasheng Ferro Alloy Co.,Ltd now is around 200 mt, and the ex-work price is RMB8800/mt, up by RMB600-800/mt.

Baoxin New Furnace is a cored wires producer. The market representative of the company introduced that currently the sales of Ca cored wires stand at the high level, steel mills are the major and loyal customers.

Conclusively, compared with Ca cored wires, CaSi cored wires market appears bleak. The cored wires market price has been up, thanks to the recent material cost rise. But the market is ever changing, the participants should keep calm. 

• [Editor:Yang Xue Jiao ]