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| Taisteel & JISCO Both Set Aug. HC Ferrochrome Purchasing Price at RMB7,600/bmt |
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| Code:MFN002841 Prpduct:Ferro Chrome Date: 2010-07-30 |
| According to sources, Taisteel and JISCO have both set Aug. purchasing price of HC ferrochrome at RMB7,600/bmt, which is known to be the lowest purchasing price in market. Other major mills’ purchasing prices are mostly more than RMB7,700/bmt. To be specific, Taisteel’s Aug. purchasing price decreased by 5%, RMB400/mt month-month. |
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| 06 Sep 2010 | | | Cash Ask | 3M Ask |
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| Copper | 7660.50 | 7675.00 |
| Aluminium | 2148.50 | 2179.00 |
| Zinc | 2146.00 | 2176.00 |
| Lead | 2160.00 | 2175.50 |
| Nickel | 21910.00 | 22000.00 |
| Tin | 21375.00 | 21400.00 |
| Al.Alloy | 2281.00 | 2170.00 |
| NASAAC | 2090.00 | 2120.00 |
| Steel Billet | 508.00 | 520.00 |
| Cobalt | 39501.00 | 41000.00 |
| Molybdenum | 35500.00 | 36000.00 |
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2010-09-06 |
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| PRODUCT |
BID
(US$/TON) |
ASK
(US$/TON) |
2B Coil-OCT |
3,300 |
3,380 |
No.1 Coil-OCT |
3,120 |
3,200 |
2B Coil-DEC |
3,300 |
3,380 |
No.1 Coil-DEC |
3,120 |
3,200 |
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MetalFirst China Average:
US$16.025/lb
As of Sept. 3, 2010
(updated weekly)
MetalFirst Average:
US$16.10/lb
As of Aug. 31, 2010
(updated twice weekly)
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