China's Guangxi and Ningxia provinces recently issued notices on dual control on the total amount and intensity of energy consumption, fueling concerns over possible supply disruptions in the ferro-silicon and silico-manganese markets, which translated into price gains for both products this week.
The Development and Reform Commission in Guangxi announced on Tuesday April 13 that it pledges to lower its gross domestic product (GDP) unit energy consumption by 13.5% this year, and has set the maximum increase of energy consumption at 11.70 million tonnes of coal equivalent.One Guilin-based smelter, with a monthly production of 150,000 tonnes of silico-manganese and 150,000 tonnes of...