Imported iron ore prices fluctuated upward

Last week, the imported iron ore market prices continued to fluctuate upwards, mainly because the operating rate of blast furnaces at domestic steel mills continued to rise, and port inventories continued to decline, and the overall supply of iron ore remained tight. Although shipments from foreign mines have risen sharply, there has been no significant improvement in short-term port arrivals. Steel mill purchases tend to be cautious, waiting for prices to fall to make up for the appropriate inventory; port spot mine prices have also increased significantly. Due to the limited production in Tangshan area, the transaction activity is slightly lower than that of Shandong Port, and the overall transaction of lump and pellet mines is also relatively sluggish. Given the relatively good overall demand for iron ore, it is expected that the imported iron ore market will continue to rise slightly in the near future.

Metallurgical coke market is rising steadily

Last week, the domestic metallurgical coke market rose steadily. Among them, some steel mills in East China and North China have accepted the fifth round of price increase of metallurgical coke; most coke enterprises in the northeast region have raised their quotations by 50 yuan/ton, and some steel mills have recently accepted them; Enterprise prices rose by 50 yuan/ton; prices in the southwest Yungui area were stable, and prices were expected to increase in the second half of the month. Industry insiders believe that the short supply of metallurgical coke is the biggest driving force for the price increase of metallurgical coke. However, with the increase in profits, some coke companies believe that excessive price increases are not conducive to the long-term benefit of coke companies. Price rhythm. At present, the south has entered the rainy season, and some steel mills have indicated that the sales volume of construction materials has declined and there is a risk of a decline in the later period. Considering the high cost, a few steel mills plan to control the purchase volume of coke. It is expected that the coke market will continue to operate strongly in the near future, but the rate of price increase will slow down.

Coking coal market is stable and strong

Last week, the domestic coking coal market was operating steadily and strongly, with individual losses. The acceptance price of Shanxi Anze low-sulfur coking coal is 1,260 yuan/ton ~ 1,280 yuan/ton. The high transaction volume has increased, and the prices of low-sulfur coking coal in some coal mines have fallen. Linfen 1/3 coke canceled the early price concessions, and there was a small deal at the high. Some 1/3 coking coal in some local coal mines in Shandong is shipped well, there is no inventory in the site, and the coal price is raised by 20 yuan/ton. After a safety accident occurred in some coal mines in Hancheng, local coal mines were required to stop production inspections. Some large mines are expected to stop production for 5 days. It is expected that the domestic coking coal market will rise steadily in the near future.

The ferroalloy market is mixed

Last week, the ferroalloy market went up and down. In terms of ordinary alloys, the ferrosilicon market is stable, the silicon-manganese market continues to decline, and the high-carbon ferrochromium market has declined. In terms of special alloys, the vanadium-based market continues to rise, and the price of ferro-molybdenum declines slightly. Specifically:

The ferrosilicon spot resources are still tight. Some traders said that the manufacturer's orders have not yet been delivered. The ferrosilicon enterprises in Ningxia region resumed production of a mine furnace, and it is expected to increase production by 3600 tons/month. Industry insiders have low expectations for the future market. The iron market will be dominated by stability. The silico-manganese market continued its downward trend, the bid prices of steel mills continued to decline, the silico-manganese market stopped stabilizing, and manufacturers did not quote prices temporarily; the price of raw manganese ore fell slightly, and there was a small amount of transactions in the market. It is expected that the silico-manganese market will rebound in the short term. The price of the high-carbon ferrochromium market dropped slightly, mainly because traders began to sell chromium ore at a low price due to financial pressure. The price of chromium ore in the port has been loosened. It is expected that the ferrochromium market will be stable in the short term.

The vanadium market as a whole is running strongly. The supply of vanadium flakes is still tight. The quotations of large manufacturers have been raised, and there is no external supply for the time being. Vanadium-nitrogen alloy manufacturers have a higher enthusiasm for shipments, terminal demand has weakened, and some merchants have lowered their shipment prices. The ferro-vanadium market first rose and then fell, the raw material prices were too high, and manufacturers continued to lower prices with certain resistance. It is expected that the vanadium system market will run weakly in the near future. The price of the ferro-molybdenum market fell slightly, the bid prices of steel mills went down, and some manufacturers lowered the shipment prices. However, as the prices of molybdenum concentrates rose slightly, the ferro-molybdenum market gradually stabilized. At present, the domestic molybdenum concentrate market is still in short supply, and ferromolybdenum manufacturers have begun to purchase imported molybdenum oxide at relatively low prices. It is expected that the ferromolybdenum market will rise slightly with steady support from the raw material side.