Review of the Core Wire Market for a Week (2.20-2.24): The price of calcium silicate core wire is temporarily stable due to the increase in raw materials

It is understood that the manufacturers of silicon calcium alloy in Inner Mongolia have started production this week, and the price has not changed much, but the actual transaction price has loosened. The price of Ca28Si60 in the main factory area includes 12300 yuan/ton for cash ex-factory, and the price of Ca30Si60 in the main factory area includes 12500 yuan/ton for cash ex-factory, with individual manufacturers quoting 12900 yuan/ton. The downstream demand is moderate, and the transaction is flat. Recently, calcium metal manufacturers have stated that steel bidding has gradually entered the market, and centralized procurement has been initiated in the downstream. Prices may be increased, and quotations will be suspended today; The price of calcium wire continues to stabilize, with the mainstream price in the calcium wire market of 22000 yuan/ton.

Domestic market price performance this week:

The ex-factory tax inclusive quotation for calcium silicate cored wire (Ca28si55 ∮ 13mm) in Henan Province is 9500-10200 yuan/ton, while the ex-factory tax inclusive quotation for calcium silicate cored wire (Ca30si58 ∮ 13mm) in Jiangsu Province is 10500-11000 yuan/ton; The ex-factory price including tax for solid pure calcium wire (Ca98% min ∮ 9mm) is 11000-11500 yuan/ton; The ex-factory price of carbon clad wire (C98% ∮ 13mm) in Henan Province, including taxes, is 6200-6700 yuan/ton; The ex-factory price of seamless metal calcium wire (Ca98% min ∮ 10mm) in Henan Province, including tax, is 10000 to 10500 yuan/ton.

For calcium silicate cored wire: As of today, the price of raw material calcium silicate has not changed significantly for four consecutive weeks, but the actual transaction price has loosened. The raw material cold rolled strip steel is relatively strong and consolidated, and supported by cost, the market quotation of calcium silicate cored wire remains consistent with that of last week. From the perspective of steel mills, while consuming inventory, they are also watching for changes in calcium silicate cored wires and raw materials; From the perspective of the processing plant, even if demand is slowly released, maintain an optimistic attitude, offer firm, and wait for steel to enter the plant. In the short term, it is expected that the calcium silicate cored wire market will remain stable.

For seamless metal calcium wire: Today, individual metal calcium factories have raised their prices, while other factories have suspended their prices. Downstream seamless metal calcium wire prices have not been affected temporarily. Recently, steel mills have entered the market and started bidding, boosting market sentiment, with a slightly positive trading atmosphere; The market is still dominated by long orders, with fewer scattered orders. There is still uncertainty about whether the overall volume of subsequent seamless metal calcium wire transactions will be increased. It is expected that the seamless metal calcium line will remain stable in the short term, and we will continue to follow up the bidding of steel mills and the price changes of raw materials in the future.

For solid pure calcium wire: It is understood that the factory quotation for solid pure calcium wire remains stable. There is an increase in the price of metallic calcium but it has not yet affected the solid core calcium wire. The price of raw material cold rolled strip steel has little change, and the overall cost of solid core calcium wire has little change. The steel mills have been bidding in succession, and the market activity has increased. However, the actual transaction situation in the future requires us to continue to follow up the results of the steel bidding.

To sum up, the off-season effect of the calcium silicate cored wire market has begun to weaken, with sales gradually recovering, inventory consumption significant, cost support strong, and steel bidding entering the market, resulting in an increase in purchasing willingness. There is pressure on prices to rise and support on prices to fall. It is expected that the market price of calcium silicate cored wire will be mainly subject to consolidation in the short term.