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37.5¢ om holdings limited

we will only know whether OMH will take up the other smelter...

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sims001

584 Posts.

44

01/11/22

12:36

Post #: 64522156
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Originally posted by rocket973: ↑

Prices are also down in the USA.

Ferroalloy price decline to continue in USA

The downward trend in the global ferroalloys market affected the pricing in the USA. In October, prices for SiMn (65% Mn; 16% Si) declined to some $2,720/t (-$60/t month-on-month), while HC FeMn (75% Mn) was quoted at $2,440/t DDP ($2,620/t DDP in September). FeSi fell in price to $3,100/t DDP (-$1,310/t on average m-o-m).

The prices reported by OMH in the Sept qtrly are similar to those reported in Metal Expert.

Thankfully OMH is still profitable at these prices, I'd doubt whether many other smelters would be profitable with higher power prices.

Ferroalloy demand to remain low in Japan

Ferroalloy prices fell further in October on weak demand in Japan. SiMn (65% Mn; 16% Si) and HC FeMn (75% Mn) prices fell to some $1,045/t CIF (-$45/t month-on-month) and $1,040/t CIF ($1,090/t CIF in September), respectively. FeSi prices went down by $25/t to $1,690/t CIF.

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we will only know whether OMH will take up the other smelter market share,
when OMH operate in full capacity in next 2or 3 mth, in Q1 2023.

OMH Price at posting: 63.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 37.5¢		Change 0.000(0.00%)		Mkt cap ! $287.3M

Open	High	Low	Value	Volume
37.5¢	37.5¢	37.5¢	$2	5

Buyers (Bids)

No.	Vol.	Price($)
1	17883	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	119081	2

View Market Depth

No.	Vol.	Price($)
1	17883	0.370
1	400	0.360
1	8000	0.355
2	31440	0.350
2	30405	0.345

Price($)	Vol.	No.
0.375	119081	2
0.385	44943	1
0.390	16347	1
0.400	49000	1
0.415	4350	1

Last trade - 10.06am 04/11/2024 (20 minute delay)

OMH (ASX) Chart