As the second largest steel mill in South Korea, Hyundai steel invites bids of ferrosilicon 75%min for 1, 693t on Tuesday for November and December, and the cargo needs to bedelivered to Pyongtaek port, disclosed the purchaser of the steel mill.

We will invite bids for 1,693t of ferrosilicon 75%min for next two months tomorrow, and cargos need to delivered to Pyongtaek port, which means Malaysian and Russian suppliers suppose not to join the tender as they don't have cargo ships to Pyongtaek port, and we may close the deal early next week, said the source on Monday, adding that the cargo should be delivered separately in early November and early December, and his last purchase was closed for 2, 100t two months ago, and the winner was from Malasia Hyundai Steel Co, Ltd, or HSc (formerly known as Hyundai INI Steel), is a steel company headquarteredin Inchon and Seoul, South Korea. Established in 1953, Hyundai Steel is the oldest steel making company in South Korea.

Due to the slightly appreciated RMB and firm prices in China, current mainstream prices of Chinese ferrosilicon 75%min slightly climbed by USD10/t to USD1,050-1,080/t FoB China from early last week.

Along with the decreased inquiries from overseas market, insiders hold the opinion that chinese ferrosilicon 75%omin export prices would keep stable in the following week.

At Hall 2 of fasteners, standard fasteners and non-standard fasteners. We specially set up special areas for Automobile & High-strength Fasteners Zone,  Export-oriented Fastener Zone, Stainless Steel Fastener Zone, Comprehensive Fastener Zone and Branded Fastener Zone.

Fastener Expo Shanghai shall be fullfiling with your participation.