Sic Abrasive for Metallurgy in European Market keeps Stable

According to relevant news, consumers say that Sic abrasive for metallurgy in Europe, Middle East, and Africa suffered a slump at the end of September 2014. The quoted price on Tuesday was basically flat compared with the price in summer. Some consumers predict that the market price will keep stable in a short period due to abundant supply. In view of the current situation, an increase in demand is expected to be seen in 2015, following a rise in the market price. According to insiders, there is usually little fluctuation in the Sic abrasive market in summer, during which the market is stable with slight changes.

Consumers in Europe, Middle East, and Africa reveal that the price of 88＃Sic abrasive for metallurgy has been stable around €780 to €830 per ton. The price has been stable this year, and the downstream industry is not forceful to drive the market.

The 88＃Sic abrasive for metallurgy in Turkey has experienced little change. The product price from Europe, Middle East, and Africa to Turkey was €780 to €810 per ton. China's quoted price was as low as €500 per ton to Turkey. In August, the market in Turkey was steady and the trend is likely to last till September.

In central Europe, a consumer indicates that he could buy 88＃Sic abrasive at a price of €780 to €810 per ton. There is usually little deal in summer when consumers are on a vacation and factories stop production, which facilitates the stability of many refractory materials.

Author: Liwei Chu 
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