quotation and market of cored wire

Since the end of Feb, cored wire manufacturers have returned from the Spring Festival Holiday and start production one after another. As the price of raw material cold-rolled steel strip continues to rise, cored wire manufacturers think the market will rising, according to the current operating status of various cored wire raw materials markets, there is still room for growth of magnesium and low-barium cored wire, the prices of calcium silicon and calcium metal are currently trending stable.

quotation-and-market-of-cored-wire

 

CaSi cored wire: The market price of raw material cold-rolled strip steel continues to rise, manufacturers' production costs increase, and quotations and actual transaction prices have been raised. However, some small and medium-sized enterprises mainly take orders and produce goods, and the market situation is not good.

Solid calcium cored wire: The raw material calcium wire and calcium metal particles are rising, and price for cold-rolled steel strip also continue to rise, the raw material calcium metal wire is quoted at 19500-20200 RMB/T. The quoted of solid calcium cored wire with Ca 96%min is 10500-11000 RMB/T in Zhejiang, and 10800-11200 RMB/T in Jiangsu (EXW).

Spheroidizing agent cored wire: Price of magnesium metal, cold-rolled steel strip and ferrosilicon continue to rise, most spheroidizing agent cored wire manufacturers have raised their quotation. The price of cold-rolled steel strip is 5750-5850 RMB/T in Hebei and Shangdong, the price of metal magnesium is 15500-15600 RMB/T, and the price of 72% ferrosilicon is 6700-6800 RMB/T (EXW).

The market of cored wire was relatively stable in February. After Spring Festival holiday, there are more inquires but fewer orders, although the price of cold-rolled steel strip continued to rise, due to the incomplete recovery of the downstream, there are fewer market transactions and most manufacturers are waiting, the actual operation is more cautions. Most of the manufacturers are mainly prepare the old orders, however, as price of some raw materials continue to rise, the market of cored wire is respected to rise. It is expected that the cored wire will be released in March with the price of steel inquire released, market quotes will gradually stabilize.

Huatuo owned five production lines of cored wire include the wrapped powder cored wire such as CaSi cored wire, spheroidizing agent cored wire, etc, and the solid cored wire such as solid calcium cored wire, if any interests welcome for contact.