https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/081822-chinas-power-shortages-disrupt-nonferrous-operations
FerroalloyMost high carbon ferrochrome producers in Sichuan have halted production in response to the government's call, slowing the decline in domestic prices, according to sources. However, the production halt is not enough to reverse the downtrend as demand from steel mills remains weak.
A key silicomanganese producer in Chongqing plans to suspend two submerged arc furnaces to reduce its operating rate to about 50%, while another leading silicomanganese producer in Sichuan halted production, sources said. Market participants are waiting on the sidelines as some producers have suffered losses and it is difficult to seal deals even at lower prices.
Some electric arc steelmaking plants in South China also lowered their operating rates due to electricity shortages, and that might weigh on ferroalloy demand recovery.
- Forums
- ASX - By Stock
- OMH
- Ann: 30 June 2022 Quarterly Market Update
Ann: 30 June 2022 Quarterly Market Update, page-73
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OMH (ASX) to my watchlist
(20min delay)
|
|||||
Last
36.5¢ |
Change
-0.015(3.95%) |
Mkt cap ! $279.6M |
Open | High | Low | Value | Volume |
37.0¢ | 37.0¢ | 36.5¢ | $4.825K | 13.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18895 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1400 | 0.365 |
2 | 1010 | 0.360 |
1 | 10000 | 0.355 |
1 | 6 | 0.350 |
2 | 31500 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 115125 | 3 |
0.415 | 4350 | 1 |
0.455 | 6528 | 1 |
0.485 | 11740 | 2 |
0.500 | 7000 | 1 |
Last trade - 14.23pm 13/09/2024 (20 minute delay) ? |
Featured News
OMH (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online