Chinese ferroboron price remains steady

It is reported that at present, Chinese domestic ferroboron price remains quiet.

FeB20C0.1 is quoted at around CNY 30,000 per tonne at Liaoyang Port, FeB20C0.05 at CNY 65,000 per tonne, FeB17C0.5 at CNY 24,500 per tonne, low aluminum ferroboron of FeB19C0.5 at CNY 27,500 per tonne and ultra low aluminum ferroboron of FeB19C0.5 at CNY 28,000 per tonne.

Export price of FeB17C0.5 made by Tieling Bomet Boron Alloys stands at around USD 3,800 per tonne FOB at Dalian Port.

According to the analysis from Mysteel.com due to loyal customers and long-term contracts, ferroboron prices remain unchanged recently. Prices change always happens when present contracts are completed and fresh ones are agreed. Although raw materials slip slightly in the current market, electric charges moves up, so unchanged cost helps ferroboron prices keep steady temporarily amid gloomy alloy steel market. Furthermore, the balance of demand and supply also has a great effect on the firm prices.

Mysteel added ferroboron prices, mainly affected by production cost, are seen to go flat in the near future unless cost changes sharply.

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