Last week, the domestic main raw material market showed mixed performance: after the sharp rise in the previous period, the price of iron ore fell sharply; the prices of coke and coking coal still fell; after the scrap price increased, some markets weakened; Among them, the ferrosilicon market has a relatively strong performance, and the prices of other varieties have steadily declined. The price changes of major varieties are as follows:

Imported iron ore market fluctuated sharply

Last week, the imported iron ore market fluctuated sharply, and the price fell sharply in the second half of the week after the rapid rise in the first half of the week. As of Friday, the price of PB fines outside the board fell slightly by US$0.7/ton~1.7 US dollars/ton from the previous weekend. On the one hand, after the iron ore price continued to rise rapidly, the Steel Association established an import iron ore working group to conduct research on the iron ore market; on the other hand, in the case of limited production of some steel mills and a slight increase in port arrivals. The port iron ore stocks are no longer falling.

Domestic iron fines prices rose slightly. Among them, Hebei Tangshan iron fines prices rose by 20 yuan / ton, local steel mills arrived in general. The Liaoxi steel mill has the demand for replenishment, and the purchase price of iron concentrate has increased significantly; the purchase price of iron concentrate in Liaodong Steel Plant has been temporarily stabilized, but some ex-factory prices have been raised by 30 yuan/ton. The ex-factory price of iron ore fines in Shandong mine is temporarily stable at 1005 yuan/ton~1025 yuan/ton; the 65% iron fine powder dry basis of Anhui southern steel mills is currently remitted to the factory price at 960 yuan/ton~970 yuan/ton. Jiangxi and Hunan steel mills are negotiating the purchase price in July, and the mine intends to raise 120 yuan/ton, but the steel mill is unacceptable. At present, there is some pressure on the iron ore market. It is expected that the imported iron ore market will still fall slightly and gradually return to a reasonable price.

Domestic coke mainstream market prices continue to fall

Last week, the domestic mainstream market price of coke continued to fall. The price of coke in East China, North China and Northeast China fell by RMB 100/ton. The monthly price of Central and South China represented the price of July, and the price of coke was lowered by RMB 140/ton. In the first half of July, coke prices were lowered by 50 yuan/ton. The limit of production of Hebei steel mills is slightly more relaxed than before. After the relaxation, the purchase of coke will increase by about 200,000 tons, which is good for the coke market. After three rounds of price cuts in the coke market, the profits of the coke enterprises have shrunk significantly, basically to the point of profit and loss. Although the price of raw coal in some areas has been lowered, which is conducive to coke enterprises, but the decline is not large, coking enterprises are not willing to continue to cut prices. In terms of ports, after the third round of downward adjustment, traders' inquiries increased, the enthusiasm for getting goods increased, and the amount of resources flowing to steel mills decreased. At present, steel mills have higher coke inventory, and a few steel mills in Hebei still plan to cut the purchase price of coke. It is expected that the domestic coke market will slow down in the near future.

Coking coal market is stable and falling

Last week, the domestic coking coal market fell steadily. As the third round of coke market price cuts have been rolled out, the coking coal market is under pressure. The prices of coking coal in Lvliang, Linyi and Changzhi in Shanxi fell by RMB 20/ton~100 yuan/ton. The cumulative price of low-sulfur primary coking coal in Linyi Anze was reduced by RMB 60/ton, and the price of Hejin lean coal was lowered by RMB 100/ton. The price of sulfur coking coal was lowered by RMB 60/ton. Shandong coking coal prices are temporarily stable. Hebei Tangshan leading mine on July 1 against the Tangshan market price cut 30 yuan / ton. It is expected that the domestic coking coal market will stabilize in the near future.

Ferroalloy market is up and down

Last week, the ferroalloy market was mixed. The prices of ferrosilicon and silico-manganese have risen steadily, and the price of high-carbon ferrochrome continues to decline. The specialty alloy market has steadily declined.

At the beginning of July, steel mills successively finalized the bidding price for alloy purchases in July. In terms of ferrosilicon, the price of ferrosilicon in Hegang in July was 6,450 yuan / ton, up 280 yuan / ton from June, higher than market expectations, and a plant in Ningxia Zhongwei area was shut down. It is expected that the price of ferrosilicon will remain in the near future. There has been a slight increase.

In terms of silico-manganese, the announced bidding price of steel mills is concentrated at around 7,900 yuan/ton (including tax acceptance to factory price), and the market price fluctuation of silico-manganese is narrowed. Traders are not cautious in purchasing space due to lack of operational space. Will run smoothly.

In terms of high-carbon ferrochrome, the tender price of high-carbon ferrochrome in the iconic steel mills has been introduced one after another, which is more than expected in June. It is expected that the high-carbon ferrochrome market will stabilize in the near future.

In terms of ferromolybdenum, the domestic market is stable, the international molybdenum price has rebounded, the trading volume of raw material molybdenum concentrate has increased, the price of large molybdenum mines has increased, the overall confidence of the market has increased slightly, and most ferromolybdenum producers are willing to pay more. Strong, some medium-sized steel mills ferromolybdenum bidding price rose to 119,000 yuan / ton, manufacturers are cautious, it is expected that the ferromolybdenum market will remain stable in the near future.

In terms of ferrovanadium, the vanadium-based market declined slightly, and the raw material vanadium shipments were in good condition. The price was stable at 120,000 yuan/ton. The vanadium-based alloys were not well sold, the buyers' bids were low, and the vanadium-based manufacturers were not willing to ship. It is expected that the vanadium market will remain weak and stable in the short term.