Steel Mills’ Bidding In August
www.ferroalloynet.com: According to FerroAlloyNet, the overall bidding quantity for vanadium nitrogen alloy in August is decreasing and the tender also extend for the prices dropping on vanadium which has reduced by 6000-7000 CNY/T till now. Some vanadium nitrogen alloy producers mentioned that right now the demands are slow and purchasing prices are also shrinking while cost remains to be high which put them to be hesitate to sell right now. And some traders also show the pessimistic toward the future market which pulls down the quotation. As this price falls down, many buyers and sellers also are reluctant to offer and inquiry and prefer to wait and see the future market.
|
Company
|
Products |
Price ( CNY/Ton) |
Quantity ( Ton) |
Basis |
Date |
|
Shougang Changzhi |
VN16 |
190,650 |
20 |
Acceptance with tax |
August 4th |
|
Xinxing Ductile Iron Pipe Co.,ltd. |
FeV |
139,000 |
8 |
Cash with tax |
August 4th |
|
One Steel in Liaoning |
FeV50 |
137,200 |
30 |
Acceptance with tax |
August 5th |
|
Nanjing Steel |
VN16 | 189,800 | 60 | Acceptance with tax, including the tender fee |
August 9th |
|
Nanjing Steel |
FeV 50 | 136,800 | 60 | Acceptance with tax, including the tender fee |
August 9th |
|
Anhui Changjiang Steel |
VN16 | 189,500 | 80 | Acceptance with tax |
August 9th |
|
One Steel in Shandong |
FeV 50 | 139,000 | 33 | Acceptance with tax |
August 11th |
|
Shougang Changzhi |
VN16 | 182,800 | 20 | Acceptance with tax |
August 11th |
|
Jiangsu Binxin Iron & Steel |
VN16 | 182,500 | 140 | Cash with tax |
August 11th |
|
One Steel mill in Shandong |
VN16 | 186,000 | 110 | Acceptance with tax |
August 11th |
|
One Steel mill in Shandong |
VN16 | 198,000-200,000 | 190 | Acceptance with tax |
August 11th |
www.ferroalloynet.com
