Summary:

The downstream market inquiries are steady, with the price of Panzhihua Iron and Steel maintaining its firmness. The market transaction prices are chaotic, with some mines in Yunnan still undergoing maintenance. This has caused the market supply to be limited and the prices are temporarily stable. This month, the low calcium magnesium high titanium slag bidding price of enterprises in the north is around USD 1,098.35/ton, an increase of USD 15.49/ton compared to last month. The inventory of slag factories in the northern region is being digested and the enterprise’s offer is firm. The acid slag market is affected by weak demand and increased market supply. Yunnan slag factories are under great production pressure, and some have stopped production.