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Taiyuan Iron and Steel Lowered Purchase Price on SiMn

Source: Time:2013-02-28 09:47:49 views:

It is said that Taiyuan Iron and Steel Ltd. CO put March purchase on silicon manganese with RMB7,300/mt, a decrease of RMB100/mt from February. Though there is a general unchanged on quotation from silicon manganese suppliers, it seems that participants’ confidence is waning given mills attitudes on purchase. Currently, 6517 still holds at RMB7,000-7,100/mt in south and RMB7,100-7,200/mt in north. 6014 is still concentrated on 6,000-6,1 00/mt .
 
As the result comes out soon by the biggest purchaser in China, Hebri Iron and Steel Group, at that time, it is predicted that silicon manganese trend will be clear. 
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