[Silicon, manganese, chromium, molybdenum, iron ]2007 international demand remains strong
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In 2006 and 2007, China's ferroalloy market has been through many events, especially for the export market terms, tariff adjustments, the export license management, processing trade ban and other policy changes, China's iron export markets caused considerable impact also making the import and export trade engaged in the ferroalloy industry comparison approached this, China's mineral limited liability company General Manager reduces ferroalloy, 2007 China International Conference on ferroalloy to China's import and export of ferroalloy market analysis.
First for the 2006 China's crude steel and stainless steel production in the ferroalloy market and the overall situation is made simple introduced : (a) 2006, steel output growth remained strong, but the consumption growth rate has slowed down markedly. Enter 2007, the apparent consumption decreased, but yields, higher than the expected level of estimates. (2) in 2006, the global stainless steel production growth 14%, reaching 27.8 million tons, China surpassed Japan to yield 530 million tons, has become the world's largest stainless steel producer. (3) ferroalloy industry efforts to strengthen macro-control, ferroalloy production rising.
He focuses on chrome, manganese, silicon, molybdenum, etc. products in the market situation is discussed in detail, the overall view, chromium ore, manganese ore imports will continue to surge, prices showed a rising tendency.
In the chrome and manganese market analysis, the general manager said Tu, 2007 China's stainless steel output is expected to reach 17 million tons, ferrochrome output will reach 1.3 million tons, Chromium ore is expected to demand 500 million tons. Due to the increase in stainless steel production, increased demand for ferrochrome, thus increasing the raw material of chrome ore demand and the mineral chromium State announced its restrictions chrome ore export policy, coupled with the Port of chrome ore reserves is insufficient. a number of factors will lead to chromium ore prices to rise. And as stainless steel, another important raw materials-electrolytic nickel, since the beginning of last year, prices are soaring, much higher than the stainless steel plant capacity, Therefore, people's attention has shifted Nickel-Manganese substitutes. Electrolytic Manganese consumption and prices began to increase, leading to the amount of manganese ore imports to surge, 2007 China is expected to import 6.8 million tons of manganese ore.
Against ferrosilicon export market, He mainly from the strong demand in the international market and China's cost advantages ferrosilicon two perspective of the Chinese ferrosilicon exports sharply growth, as well as the state ferrosilicon the overall idea briefed -- strengthening macro - restrict output and exports, improve the control of microsilica. For ferrosilicon exports, although his view of international competitiveness remains strong, but due to the EU's anti-dumping, RMB appreciation to the impact of China's export market is still ferrosilicon there is a crisis.
In his report, also referred to the development of molybdenum, Mo said Chinese demand for the product is less than the existing production capability, molybdenum products by more than one third of exports, at present, China molybdenum products from the export restrictions to encourage, molybdenum materials needed to enhance international competitiveness, be in the international market place.
Finally, the raises for 2007, general manager of the ferroalloy market prospects, as a result of environmental policy differentiated pricing, export tariff adjustments, trade access policy implementation, in 2007, ferroalloy market will show the following characteristics : domestic steel mills right ferrosilicon, and silicomanganese, manganese to the increasing demand for 2007 international and domestic demand for steel will remain strong, Ferroalloy overall market will be warmer; subject to various factors (production overcapacity, the macro-control has been intensified. electricity costs and an increase in freight charges, raw materials prices, etc.), industry production operation may be more difficult; trade access, differentiated pricing policy will intensify the implementation. countries in 2010 to eliminate 40% of the ferroalloy production resolve will not be shaken. -- Five Minerals raises
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