Weekly Comment for Cored Wire Market (August 26 to August 30)

  • Friday, August 30, 2019
  • Source:ferro-alloys.com

  • Keywords:Decrease, Stable, Frequent Slight Fluctuation
[Fellow]As 70th anniversary celebration is coming, in order to reduce atmospheric pollution and to protect the environment, many steel mills throughout the country implement limited production or suspended production. For this reason, the demand for cored wire has red...

[Expressed by www.ferro-alloys.cn]

It is learned that, as 70th anniversary celebration is coming, in order to reduce atmospheric pollution and to protect the environment, many steel mills throughout the country implement limited production or suspended production. For this reason, the demand for cored wire has reduced. The order quantity especially for nodularizer cored wire, seamless metal calcium cored wire and carbon continues to reduce.

 

In the main production areas of cored wire and the raw materials such as Henan, Hebei, Shandong and Jiangsu, environmental protection inspection has further intensified. Numerous manufacturers have been in limited production or suspended production. Even a manufacturer that reaches the standard of discharge will suspend production due to poor weather. For this reason, a majority of manufacturers has dropped rate of operation and decreased output. As a result, their demand for cold rolled strip steel and other raw materials has reduced.

 

However, the prices of various cored wire products still remain stable with is no obvious price fluctuation yet. Now, market transaction statistics shows that, now, the mainstream transaction price of silicon calcium cored wire Ca28Si55∮13mm is 10,000 - 11,000 yuan per ton and Ca30Si58∮13mm is 11,200-12,000 yuan per ton; solid pure calcium cored wire Ca98%min∮9mm is 10,000 - 10,500 yuan per ton; ferrotitanium cored wire Ti30%min∮13mm is 11,500 - 11,800 yuan per ton; ferro calcium cored wire Ca30∮13mm is 8,300-8,800 yuan per ton and Ca30∮30mm is 10,000 to 10,500 yuan per ton; silicon magnesium cored wire Si40Mg28Re2∮13mm is 11,500-12,500 yuan per ton; seamless metal calcium cored wire Ca98%min∮9m is 10,200 - 11,200 yuan per ton and Ca98%min∮10mm is 15,200 - 16,200 yuan per ton; carbon cored wire C98%∮13mm is still 7,000-7,500 yuan per ton; nodularizer cored wire is 10,000 to 10,300 yuan per ton.

 

The price of cold rolled strip steel, the raw material of cored wire, begins to rise and fall frequently again after being stable for one week. On this Monday, the price of various specifications dropped by 30 yuan or so per ton and on Wednesday, it dropped by 30 yuan again, while it rebounded by 20 yuan on Thursday immediately. Now, Q195 0.35*55 is 4,640-4,660 yuan per ton, Q195 0.4 *55 and Q195 0.45 *55 is 4,590-4,610 yuan per ton, SPCC0.35-0.39*55 is 4,690-4,710 yuan per ton, SPCC 0.4 *55 and SPCC 0.45 *55 is 4,640-4,660 yuan per ton. A manufacturer said that, the main reason caused such unstableness is that environmental protection inspection has intensified, numerous cold rolled strip steel manufacturers mainly in Hebei Province has been in limited production or suspended production, which resulted in short supply of cold rolled strip steel; on the other hand, recession of the downstream cored wire market leads to continuous reduction of demand for cored rolled strip steel. Insiders estimate that the current market is still unclear and such frequent price fluctuation is likely to continue for some time.

 

Ferroboron FeB19C0.1 is 20,000-22,000 yuan per ton, FeB18C0.5 is 18,000-18,200 yuan per ton, FeB17C0.5 is 17,500-17,800 yuan per ton and FeB16C0.5 is 16,500-17,000 yuan per ton. Silicon calcium alloy Ca28Si55 is 11,300-11,500 yuan per ton, Ca28Si60 is 10,600-10,800 yuan per ton, Ca30Si55 is 11,500-11,700 yuan per ton and Ca30Si60 is 10,800-11,000 yuan per ton. Silicon calcium 5828 (brand NO.: Ca28, size: 0-3mm) rose to 9,100-9,300 yuan per ton, 5028 (brand No.: Ca30, size: 0-3mm) is 8,400-8,600 yuan per ton, Ca1 (brand No.: Ca 30, natural block) is 11,000- 11,200 yuan per ton, Ca2 (brand No.: Ca30, natural block) is 10,800-11,000 yuan per ton, Ca28Si55 is 11,300-11,500 yuan per ton, Ca28Si60 is 10,600-10,800 yuan per ton, Ca30Si55 is 11,500-11,700 yuan per ton and Ca30Si60 is 10,800-11,000 yuan per ton. Cold rolled strip steel Q195 0.35*55 is 4,640-4,660 yuan per ton, Q195 0.4 *55 and Q195 0.45 *55 is 4,590-4,610 yuan per ton, SPCC0.35-0.39*55 is 4,690-4,710 yuan per ton, SPCC 0.4 *55 and SPCC 0.45 *55 is 4,640-4,660 yuan per ton. Metal calcium wire is 18,800-19,800 yuan per ton. Metal crude calcium is 15,200-15,400 yuan per ton.

 

The export transaction price of calcium silicon cored wire ca30si60∮13mm is 1,550 to 1,630 US dollars per ton. Calcium silicon cored wire ca28si55∮13mm is 1,530 to 1,600 US dollars per ton. Bite type solid core pure calcium core wire ca98%min∮9mm is 1,670 to 1,750 US dollars per ton. Pure calcium cored wire (Ca30 ∮13mm) is 1,350 to 1,400 US dollars per ton. There is no adjustment comparing with the last month (FOB price, Tianjin Port).

 

Now, the price of cold rolled strip steel fluctuates frequently and will not be stabilized for a while. Insiders estimated that such situation will last for a while. Reduction of the overall demand of cored wire market will impact on demand for cold rolled strip steel.

 

Price Information

Domestic Market Prices of Cored Wire Products

Product Name

Specification

Producing Area

Price (yuan/ton)

Trend

CaSi Cored Wire

Ca28Si55∮13mm

Henan

10,000-11,000

CaSi Cored Wire

Ca28Si55∮13mm

Jiangsu

10,000-11,000

CaSi Cored Wire

Ca30Si58∮13mm

Henan

11,500-12,000

CaSi Cored Wire

Ca30Si58∮13mm

Jiangsu

11,500-12,000

Pure Calcium Cored wire

Ca98%min∮9mm

Henan

10,000-10,500

Pure Calcium Cored wire

Ca98%min∮9mm

Jiangsu

10,000-10,500

FeCa Cored Wire

Ca30∮13mm

Henan

8,300-8,800

FeCa Cored Wire

Ca30∮13mm

Jiangsu

8,300-8,800

FeCa Cored Wire

Ca30∮30mm

Henan

9,500-10,000

FeCa Cored Wire

Ca30∮30mm

Jiangsu

10,000-10,500

Carbon Cored Wire

C98%∮13mm

Henan

7,000-7,500

Carbon Cored Wire

C98%∮13mm

Jiangsu

7,000-7,500

SiMg Cored Wire

Si40Mg28Re2∮13mm

Henan

11,500-12,500

Seamless Metal Calcium Cored Wire

Ca98%min∮9mm

Henan

10,200-11,200

Seamless Metal Calcium Cored Wire

Ca98%min∮9mm

Shandong

10,200-11,200

Seamless Metal Calcium Cored Wire

Ca98%min∮10mm

Henan

15,200-16,200

Seamless Metal Calcium Cored Wire

Ca98%min∮10mm

Shandong

15,200-16,200

FeTi Cored Wire

Ti30%min∮13mm

Jiangsu

11,500-11,800

Nodulizer Cored Wire

 

Jiangsu

10,000-10,300

Trend

The demand has decreased obviously. It is estimated that the prices of various cored wires will drop, too.

 

Export Prices of Cored Wire Products

Product Name

Specification

Production Area

Price (US dollar/ton)

Trend

SiCa Cored Wire

Ca28Si55∮13mm

Tianjin Port

1,550-1,600

SiCa Cored Wire

Ca30Si60∮13mm

Tianjin Port

1,550-1,630

Pure Calcium Cored wire

Ca98%min∮9mm

Shanghai Port

1,670-1,750

Pure Calcium Cored wire

Ca30 ∮13mm

Main Ports

1,350-1,400

Trend

Stable in this month.

 

Market Prices of Raw Materials

Metal Calcium

Product Name

Production Area

Price (yuan/ton)

Trend

Reducing Calcium Lump

Henan

18,300-19,300

Reducing Calcium Granule

Henan

18,000-18,400

Metal Calcium Wire

Henan

18,800-19,800

Metal Crude Calcium    

Shanxi

15,200-15,400

Trend

Has stabilized on the whole.

 

 

Ferroboron

Product Name

Specifications

Production Area

Price (yuan/ton)

Trend

Ferroboron

B:20%;C:0.1%

Donggang

24,500-25,000

Ferroboron

B:20%;C:0.05%

Donggang

53,500-54,000

Ferroboron

B:17%;C:0.5%

Donggang

16,500-17,000

Ferroboron

B:18%;C:0.5%

Donggang

17,500-18,000

Ferroboron

B:19%;C:0.5%

Donggang

18,500-19,000

Ferroboron

B:19%;C:0.1%

Tieling

24,000-24,500

Ferroboron

B:19%;C:0.05%

Tieling

49,500-50,000

Ferroboron

B:17%;C:0.5%

Liaoyang

18,500-19,000

Ferroboron

B:18%;C:0.5%

Liaoyang

18,500-19,000

Trend

Stable in this month.

 

Ferrophosphorus

Product Name

Specification

Production Area

Price (yuan/ton)

Trend

Ferrophosphorus

P23%

Guizhou

2,500-2,600

Ferrophosphorus

P23%

Sichuan

2,500-2,600

Ferrophosphorus

P23%

Yunnan

2,500-2,600

Ferrophosphorus

P25%

Guizhou

2,500-2,600

Ferrophosphorus

P25%

Sichuan

2,500-2,600

Ferrophosphorus

P25%

Yunnan

2,500-2,600

Trend

Stable in this month.

 

 

Cold Rolled Strip Steel

Product Name

Specification

Production Area

Price (yuan/ton)

Trend

Cold Rolled Strip Steel

Q195 0.35*55

Hebei

4,640-4,660

↓↑

Cold Rolled Strip Steel

SPCC0.35-0.39*55

Hebei

4,690-4,710

↓↑

Cold Rolled Strip Steel

Q195 0.4 *55

Hebei

4,590-4,610

↓↑

Cold Rolled Strip Steel

SPCC0.4-0.49*55

Hebei

4,640-4,660

↓↑

Cold Rolled Strip Steel

Q195 0.45 *55

Hebei

4,590-4,610

↓↑

Cold Rolled Strip Steel

SPCC 0.45 *55

Hebei

4,640-4,660

↓↑

Trend

After a short stableness, frequent price fluctuation reappears.

 

Calcium Silicon Alloy

Product Name

Specification

Production Area

Price (yuan/ton)

Trend

Calcium Silicon Alloy

Ca28Si50

Henan

9,300-9,500

Calcium Silicon Alloy

Ca28Si55

Henan

11,300-11,500

Calcium Silicon Alloy

Ca28Si60

Henan

10,600-10,800

Calcium Silicon Alloy

Ca30Si55

Henan

11,500-11,700

Calcium Silicon Alloy

Ca30Si60

Henan

10,800-11,000

Trend

Has stabilized on the whole.

 

  • [Editor:张德众]

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