It had been learned that the market of cored wire stayed calm this week.
Mainstream ex-work price for Ca98%min∮9㎜cored wire stayed around RMB10,500-10,600/mt, Ca28Si55∮13㎜ CaSi wire RMB9,000-9,200/mt, Ca30 ∮13㎜ FeCa wire RMB8,500-8,700/mt, C98%∮13㎜ carbon wire RMB 4,600-4,800/mt. Output of mainstream cored wire remained stable while sale dropped due to overhaul in steel plants.
Metal Ca price changed little. In Shanxi and Henan Province, the major producing areas of calcium metal, ex-work price of Ca98%,0-2mm calcium granule remained the same, RMB 17,000/mt,while ex-work price of Ca98%min ∮7.5㎜calcium silk stayed around RMB 20,000/mt.The price would not rise notably both for ample market supply and considerate amount on-hand stock for buyers.
Cold-rolled strip steel price remained at a low degree this week. In Hebei and Shandong province, the major production areas of cored wire strip steel, mainstream ex-work price of 0.35*55, Q195 strip steel stayed at RMB 3,300-3,400/mt.Strip steel orders declined much due to overhaul of steel mills.
It is predicted price for cored wire would stay still for it depends largely on cost and profit remains slim. Downstream demand won’t get high much in the near future.
- [Editor:Zhang Xing]
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