Chinese ferro-silicon prices in freefall on weak demand

November 20, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday November 19.

China?EUR?Weaker downstream steel demand was the principal driver of the decrease in China's ferro-silicon price. Due to the normal steel purchase off-season, demand for steel was not at a high level. Besides, with the heat supply period beginning in northern China, steel production will be under tighter regulations to meet the dual-control targets.?EUR?The previous power cuts among many ferro-alloys producers have now been alleviated to some extent,...

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