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Elkem AS :A - Weaker than expected development in 2Q-2019

Ferrosilicon futures main contract 1905 up to 0.50% after open market, the futures increase to the price of 6030.

due to price reduction of the raw materials such as iron ore and coke, the price of cold rolled strip steel, the raw material of cored wire continuously reduced. It is good news for cored wire manufacturers because reduction of cost means increase of profit ma...

Ferrosilicon futures main contract 1905 down to 0.17% after open market, the futures decrease to the price of 5944.

The market demand for solid pure calcium cored wire rose steadily, the manufacturers are normal in order receiving, production and delivery. The prices of upstream raw materials such as metal calcium wire and cold rolled strip steel fluctuated frequently late...

Ferrosilicon futures main contract 1905 up to 0.44% after open market, the futures increase to the price of 5996.

The market demand of ferrotitanium cored wire is always not high and the consumption of downstream manufacturers is also low. Most of manufacturers still have to maintain supply for their regular customers. Comparing with the last month, the recent demand has ...

Ferrosilicon futures main contract 1905 up to 0.62% after open market, the futures increase to the price of 5876.