SHANGHAI, May 4 (SMM) - Prices of #6517 SiMn alloy were 6,900-6,950 yuan/mt in north China market in cash, flat from the previous trading day, and those in south China market moved between 7,000-7,100 yuan/mt, flat from the previous trading day. According to SMM survey, there were a fewer sellers who wish to ship at lows, and the market players generally held a wait-and-see sentiment. In the short term, SiMn alloy prices will run stably. The market shall pay attention to the trades and bid price disclosed by the stainless steel mills.
SiMn Alloy Quotations are Temporarily Stable as Wait-and-see Sentiment Fills the Market
- May 04, 2023, at 2:43 pm
- SMM
Prices of #6517 SiMn alloy were 6,900-6,950 yuan/mt in north China market in cash, flat from the previous trading day.
