Mysteel News: The price of light burned magnesium ball in Liaoning market is weak and stable
In January, the market of light-burned magnesium balls in Liaoning market was weak and stable. As of the press release, the market price of light-burned magnesium balls with 60 grade MgO ≥ 60% and SiO2 ≤ 6% was 480 yuan/ton, down 20 yuan/ton from the previous month; 65 The market price of light burned magnesium ball with grade MgO ≥ 65% and SiO2 ≤ 6% is 570 yuan/ton, which is 30 yuan/ton lower than that of the previous month. The above is the ex-factory price including tax.
The blast furnace operating rate of 247 steel plants surveyed by Mysteel was 74.64%, down 0.57% from last week and up 0.44% from last year; The utilization rate of blast furnace ironmaking capacity was 81.93%, with a month-on-month decrease of 0.66% and a year-on-year increase of 4.04%; The profit margin of the steel plant was 19.91%, unchanged on a month-on-month basis, down 63.20% on a year-on-year basis; The daily average output of molten iron was 2.2072 million tons, a decrease of 1.79 million tons on a month-on-month basis and an increase of 12.2 million tons on a year-on-year basis. In the near future, the operating rate of downstream steel plants has declined and the loss is still the same, and the demand of steel enterprises is difficult to repair in the short term. The market demand for light calcined magnesium balls is weak and the order volume is not high. The production rhythm of enterprises starts to slow down, and the transactions are mainly d on stock removal. At present, most of the light burned magnesium balls in Liaoning market are shipped in cash, and the profit rate is low. To sum up, in the short term, the price of light burned magnesium ball may be weak and stable.