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Ferrosilicon prices hold steady and wait for the steel trick to land
Ferrosilicon this morning quotation 72 # 7800-8000, 75 # 8300-8500, 65 # 7450-7550 yuan / ton cash natural block factory, and yesterday than the change is not large, stable operation, the market low price supply is difficult to find, Zhongwei logistics and transportation has an impact on the decline in capacity, Qinghai Gansu regional manufacturers single production, disk supply without advantage of the circulation reduction, market spot volume decreased.
Manufacturers: With the rise in the market price of ferrosilicon, profits gradually repaired, the factory started production rebounded, (9.19-9.25) ferrosilicon daily output of 14663 tons, an increase of 177 tons over the previous period.
Steel mills: last week, Kungang, Yangchun has been priced, East China Nangang, Baosteel has issued bids, today's bidding, on the current factory quotations and futures disk situation, suppliers price mentality is relatively strong, steel pricing will rise.
Metal magnesium: yesterday's magnesium ingot transaction at 24800-25000 yuan / ton cash, today's factory quoted 25000-25500 / ton cash, the National Day is approaching, the downstream stock is basically completed.
In general: the National Day is approaching, the factory is less in stock, the quotation remains firm during the pricing period of steel recruitment, there are steel mills in East China procurement, the market is paying attention to the pricing situation, it is expected that the market will not change much before the holiday, waiting for the steel recruitment to land.
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Xinshichuang Metallurgical Refractories Co., Ltd.
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