[Ferro-Alloys.com] Jinzhou Ruida Titanium Co., Ltd is a major producer on ferro- titanium and FeTi cored wires and annual FeTi volume reaches 12000—15000 tons. Now Ruida provides domestic steel mills with high -FeTi cored wires.

Though prices for major kinds of cored wires were dropping constantly, prices for FeTi cored wires remained stable.

Due to large production capacity, Ruida wanted to explore oversea market. But with high export tax rate, the price was thus made uncompetitive in international market.

On the 9th Cored Wire Technology & Trade Summit just finished last week, foreign buyers were quite interested in Ruida’s products and asked about FOB prices. The company had no idea for both high export duty and unclear of policy on this item. They are expecting policy change.

• [Editor:Zhang Xing]