Summarize
Weekly Comment for Cored Wire Market (SEP 23 to SEP 27)
As the 70th anniversary celebration of the founding of the People’s Republic of China, in order to ensure the environment and reduce air pollution as much as possible, the cored wire enterprises in northern area have reduced or suspended production in success... |
The Price of Cold Rolled Strip Steel Dropped Again
Lately, the price of cold rolled strip steel, the raw material of cored wire, continued dropping after being stable for several days, it dropped by 20 yuan per ton yesterday and by 20 yuan per ton today again, of which Q195 0.35*55 dropped from 4,450-4,470 yua... |
Ferrosilicon Daily Express 9.26
Ongoing steelmaking restrictions continued to support prices for hot-rolled coil in China on Tuesday September 24. |
Ferrosilicon Daily Express 9.27
For the first eight months of 2019, China exported 266745.693 tons of ferrosilicon (>55%) in total. |
Ferrosilicon futures closed at 5860 on Friday September 27
Top 20 positions increased and decreased varied, the purchase volume is more than the holding position. |
Ferrosilicon futures closed at 5984 on Thursday September 26
Top 20 positions increased and decreased varied, the purchase volume is less than the holding position. |
Downstream Demand for Seamless Metal Calcium Cored Wire and Ferrotitanium Cored Wire Is Stable
As the National Day holiday is approaching, in some parts of north, some downstream steel mills have reduced or stopped production in succession so that the demand for cored wire continues to drop. However, the recent situation of seamless metal calcium cored ... |
Ferrosilicon futures closed at 5990 on Wednesday September 25
Top 20 positions increased and decreased varied, the purchase volume is less than the holding position. |
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