Summarize
The Downstream Demand for Cored Wire Is Weak and Stable and There Is No Obvious Price Fluctuation
As the National Day is coming, most of cored wire manufacturers in north area have completed stocking up and have stopped production in succession. The downstream demand for cored wire is still in weak and stable state and there is no obvious price fluctuation... |
Weekly Commentary on Ferrosilicon Market (9.23-9.27)
Overall, the ferrosilicon market was still weakly steady. |
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. |
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