Metalnewsnet 6 Jan: Recently, another large cooling happened in north again causing traffic disruption and raw materials shipped from the port is more difficult. It’s more difficult to transport cargo throughout, and slightly the freight rates raised. Bad weather makes the northern part of the factory started difficulties, and implemented by the South limit of electricity. The manufacturers have said that orders were full, but unable to increase production, so had no alternative but to face. Steel prices have focused on the current mining at 8500 Yuan / ton; more silico-manganese brokers said that at present they had some spot, but in no hurry to sell. According to the present situation in view, prepared to wait until a mid-to late watching the market do intention, because the various costs of the current indicates that the silico-manganese prices will continue to slightly higher, crossing the 8500 yuan / ton mark, the target directly at 9,000 / ton, but the short-term due to the end of procurement of steel. Temporarily there will not happen again market craziness. |