Steel bidding price gradually rises ferrosilicon temporarily stable operation

Today's market price of ferrosilicon is 72#8100-8300, 75#8800-9000 yuan / ton in cash, and the company is expected to ship Ningxia 11-240. Due to the epidemic situation in various places, the flow of goods has been affected to a certain extent. In addition to the need to replenish warehouses in the downstream, there are fewer people who buy goods at high prices.

The steel recruitment continued after the festival. The price of Yangchun was 9100 yuan/ton, the price of a steel factory in Hubei was 9000 yuan/ton, Jinshenglan Jiangsu 8800, Guangdong 8950 yuan/ton in cash, and Kunming Iron and Steel passed the bid yesterday.

In terms of manufacturers, all furnaces have been shut down after the National Day holiday. A factory in Wuhai, Inner Mongolia, has shut down 5 small furnaces due to the epidemic. There are also factories in Shaanxi and Inner Mongolia that have resumed production. Mingfeng resumed production of 1 unit, and Haoling resumed production of 2 units.

In terms of metal magnesium: the magnesium ingot market basically maintained a stable and narrow range, and the mainstream factories quoted 25,000 yuan / ton in spot exchange. Yesterday's market transaction was at 24,900-25,000 yuan/ton in spot exchange, and the high-level transaction was normal. At present, the magnesium ingot market is mainly affected by the epidemic, such as the tightening of coal transportation in Shaanxi and Mongolia, and the silence in Yuncheng, which has led to a stalemate in the magnesium market.

In general: Affected by the epidemic control in various regions of the production area, the flow of goods has been affected to a certain extent, coupled with the tight spot in the market and the support of costs to a certain extent, the downstream purchase price of post-holiday replenishment has been pushed up, but futures In the past two days, the market has followed the decline of the broader market. The market waits and sees cautiously, and there are few chasing up. It is expected that the market will still pay attention to the progress of steel bidding in the short term.