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Ferrosilicon Daily Express 8.7

  • Wednesday, August 7, 2019
  • Source:ferro-alloys.com

  • Keywords:ferrosilicon, futures, soots
[Fellow]Seaborne iron ore prices tumbled for a second day on Monday August 5 amid pessimistic sentiment, which picked up in intensity toward the end of last week.

[Ferro-Alloys.com The Chinese silicon export market continued to remain stable week on week for the third consecutive week. The supply tightness and a sign of increased demand in the domestic market, amid resumed buying activity for August delivery from the secondary aluminum sector, have encouraged exporters to hold their offer prices firm.

The concentrate and pellet segments of the seaborne iron ore market continued to experience lackluster trading last week, which kept prices largely unchanged.

Seaborne iron ore prices tumbled for a second day on Monday August 5 amid pessimistic sentiment, which picked up in intensity toward the end of last week.

Demand for flat steel in Turkey was only moderate in July because of the seasonal summer slowdown, market participants told Fastmarkets.

Click here for more information: Ferrosilicon Daily Express 8.7

 

  • [Editor:kangmingfei]

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