Analysis and forecast of price trend of raw and auxiliary materials for foundry (5)

2) High carbon ferromanganese, medium carbon ferromanganese

In 2007, due to the continuous high price of imported manganese ore, the domestic manganese alloy market has been climbing from March, coupled with the implementation of differential electricity prices, the persistence of the southern dry season, and the hype of artificially reluctant sales, as shown in Figure 8. Manganese prices once hit a record high of 8,650 yuan / ton in 2007, while Figure 9 shows that the highest manganese manganese is up to 13,450 yuan / ton. After entering December, especially the market rumors that ferroalloy export tariff adjustments, until confirmed, so that domestic manganese alloy prices continue to maintain the upward trend. For example, at the end of December, the mainstream price of domestic silicon-manganese alloy market was once high, the price of high manganese market (Mn65) was 10,000-12700 yuan/ton, and the price of medium manganese was 17000 yuan/ton. From January 1, 2008, the provisional tariff rate for export tariffs on alloys such as ferromanganese will be implemented at the export tariff rate, and ferromanganese will be raised to 20%. The policy orientation of this tariff adjustment is to control excessive exports, which will affect the operation of the domestic market. Therefore, we predict that the prices of high manganese and low manganese will rise steadily in the second half of 2008, and it is unlikely to decline during the year.

date January 2007 February 2007 March 2007 April 2007 May 2007 June 2007
average price 4775 5000 4960 5530 7470 7690
date July 2007 August 2007 September 2007 October 2007 November 2007 December 2007
average price 7040 6950 7240 8200 8380 8650
date January 2008 February 2008 March 2008 April 2008 May 2008  
average price 8850 9110 10130 11150 11150  

Figure 8 Price chart of high manganese from 2007 to May 2008

date January 2007 February 2007 March 2007 April 2007 May 2007 June 2007
average price 7190 7300 7460 7800 10750 10900
date July 2007 August 2007 September 2007 October 2007 November 2007 December 2007
average price 9610 9760 11125 12500 13240 13450
date January 2008 February 2008 March 2008 April 2008 May 2008  
average price 14610 15675 16800 17380 17200  

Figure 9 Price trend of manganese from 2007 to May 2008

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Steel Wire

Shape:Round, Square, Rectangle, Oval, etc.

Steel wire is one of the four varieties of steel plate, tube, shape and wire. It is a reprocessed product made by cold drawing hot-rolled Wire Rod. According to the section shape classification, mainly has the circle, the square, the rectangle, the triangle, the ellipse, the flat, the TRAPEZOID, the z shape and so on 0.1 mm, fine 0.1-0.5 mm, fine 0.5-1.5 mm, medium 1.5-3.0 mm, thick 3.0-6.0 mm, thick 6.0-8.0 mm, extra thick & GT; 8.0 mm; 390 MPA, low intensity 390 ~ 785 MPA, normal intensity 785 ~ 1225 MPA, high intensity 1225 ~ 1960 MPA, high intensity 1960 ~ 3135 MPA, Ultra High Intensity & GT; 3135 MPA; The general quality steel wire includes wire for welding Rod, nail making, net making, packing and printing, steel wire for cold heading forging, rivets and Screws, etc. , steel wire for electrical purposes includes special steel wire for the production of overhead communication lines and Aluminium conductor steel-reinforced cable wire, steel wire for the textile industry includes carding, heald 013, card clothing and needle wire, steel wire for the production of wire ropes and spokes, spring steel wire includes steel wire for springs and spring washers, for Harps and tyres, curtains and conveyor belts, structural steel wire for watch and clock industry, ball bearings, automatic machines for easy cutting, stainless steel wire includes stainless steel wire for each of the above purposes and surgical implant wire, resistance alloy wire for heater element and resistance element, tool wire including steel wire and shoe wire

Raw material selection, iron scale removal, drying

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