[Ferro-Alloys.com]In early July, there was no any upward trend showed for the raw material market of cored wires. Although the quotation from producers kept stable, the actual mainstream transaction price did down to the lowest market quotation. Because the end-steel mill market was slump,that of middle industry chain was influenced sequentially. It was difficult for the cored wires market to recover in the future.

One enterprise from Jiangsu area said, the actual demand declined recently due to the depressed end market. Now many enterprises already ceased partly although the operation producers quantity was relative stable. Most of enterprises took the gloomy view for the future market with no enthusiasm on production and quotation.

Furthermore, the mainstream transaction price for the seamless metal calcium wires was 16,000-16500RMB/mt in Henan area this week; Casi wires was 7300-7600RMB/mt; Nodularizer kept 9,800-10,000RMB（Si40Mg28-30Re2∮13mm）It was expected that according to the current market situation, it will be difficult to recover.

• [Editor:zhangjuan]