Dec 08, 2023 Leave a message

The Supply Side Has A Disturbance in The Short-term Market Of Silicon Manganese Or There Is Still Some Support

The short-term silicon manganese market continues to pay attention to the progress of steel recruitment, the silicon manganese spot market as a whole has maintained a low consolidation operation in the past two days, and the purchase customer has negotiated the price to 6000 below the line, but due to cost constraints, the loss area of the main producing areas has expanded, and the factory's low-price volume sentiment is cautious. On the news, the relevant departments issued the "Action Plan for Continuous Improvement of Air Quality", which proposed to speed up the withdrawal of backward production capacity in key industries. Phasing out step-by-step sintering machines and pellet shaft furnaces, as well as semi-closed silicon-manganese alloy, nickel-iron, high-carbon ferrochrome, high-carbon ferromanganese electric furnaces, etc. There is still some support in the short-term silicon manganese market, and the follow-up market needs to be played.

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