On August 28, 2024, The Latest News Of Silicon Manganese
Aug 28, 2024
Leave a message
Silicon manganese market temporarily stable operation. Manganese ore market inquiry probe, chemical coke continuous downward, the cost of weak operation, the production situation of the north factory is relatively stable, there is no large-scale production reduction, the factory is more wait-and-see attitude, the factory feedback in the south is not expected to start, and the Guangxi production area is at a low level in recent years. In terms of demand, steel losses, the new national standard conversion led to steel mills to reduce production, some steel mills to reduce alloy long amount, five major steel types of silicon manganese (weekly demand 70%) : 107,243 tons, recent steel production picked up slightly, with the seasonal bearish weakening, burden demand or improvement, the long and short game increased. Strategy suggestion: SM2501 contract high fall, the operation is recommended to short-term shock thinking, please pay attention to risk control.
