[Ferro manganese] analyze China ferro manganese prices reasons for the decline

Ferromanganese recent market prices decline mainly due Analysis :
1, 7-3 reduced demand, ferromanganese main demand from steel mills, Second from the foundry. In general steel procurement is to accept the quarter, while the second quarter of this month is the last month, the steel procurement diminishing, Meanwhile last week, the Northern Steel strategic resources seminar, which was convened in 21 steel for lower prices of raw material procurement, which included iron, therefore, the suppression of ferromanganese Steel purchase price is inevitable. also will bring the price of ferromanganese further sliding. In addition, the increasingly hot weather, some foundries have begun to gradually reduce production, the demand for ferromanganese have relatively reduced.
2, the traders reduced procurement volume. As traders in ferromanganese rose are all hoard goods, in the circumstances now demand, traders will also reduce the volume of procurement. not even procurement. Now, many traders are still selling pre-goods store.
3, silicon, manganese alloy prices fell by the joint role. Given the current market silicomanganese prices fell, silicomanganese FeMn65Si17 parts of the 7,500 yuan / ton prices can be obtained goods, therefore, carbon ferromanganese prices will inevitably decline, which to some extent affected the high-carbon ferromanganese prices. Silicomanganese FeMn65Si17 price 8,500 yuan / tons circumstances, FeMn65C7.0 high carbon ferromanganese prices in order to sell 8,500 yuan / ton, even 9,000 yuan / ton is more difficult.