Analysis on SiMn Bidding for HBIS in H1 of 2015 Compared to The same period Last Year

  • Friday, June 5, 2015
  • Source:ferro-alloys.com

  • Keywords:SiMn Silicon Manganese
[Fellow] [Ferro-Alloys.com]It seems that traditional peak season for steel in May has yet to boost demand on ferroalloy, resulting in ongoing fluctuation in the price of silicon manganese ranging from RMB6,100/mt in Jan to only RMB5,500./mt in June for the bidding pri...

SiMn 6517

Jan 2015

6100

Jan 2014

7100

Feb 2015

6000

Feb 2014

6850

Mar 2015

5900

Mar 2014

6650

Apr 2015

5700

Apr 2014

6600

May 2015

5550

May 2014

6600

June 2015

5500

June 2014

6650

 

 

 

 

 

 

 

 

 

 

 [Ferro-Alloys.com]It seems that traditional peak season for steel in May has yet to boost demand on ferroalloy, resulting in ongoing fluctuation in the price of silicon manganese ranging from RMB6,100/mt in Jan to only RMB5,500./mt in June for the bidding price of Hebei Iron and Steel Group.

In fact, manganese alloy enterprises already entered into the period of structure readjustment for a long time. There are many cases on restructuring and joint operations between enterprises in the past two years. Therefore, apart from output controlling, policy changed would also become one of important factors to influence the whole industry.

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  • [Editor:Sophie]

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