Ferro Silicon Price Rise in August 2016
Date：2016/8/17 16:00:35
Mill tenders are in progress, Sha Steel, Xiangtan Steel, CITIC Pacific, Wuhan and other FeSi buyers have fixed their purchase prices in August, prices of the main tone, or different, for the current spot market bullish atmosphere.
Subject to environmental review turmoil, Inner Mongolia region some ferrosilicon furnace shutdown, but the overall impact is not so great silicomanganese. And the current market tight spot, most manufacturers no stock no stock, coupled by the environmental impact, Inner Mongolia and Ningxia regions are silica mine shut down, silica prices have risen recently, and it is blue carbon factory in Shaanxi Province, said: August blue carbon prices also rose 30 yuan / ton, that is, raw material prices, ferrosilicon smelting costs also increased, there is more support for prices.
In short, the current favorable market factors, one tight spot, most manufacturers do not stock out of stock, more orders; Second, steel prices, driven by the spot market; third is to increase the cost of production. Currently manufacturers offer a bit confusing, prices are the lowest bidder, the price of steel and other river finalized, the market will clear, but the upward trend is positive.