Chinese FeSi market tumbles as futures decline

November 06, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday November 5.



China

The bearish sentiment triggered by decreasing ferro-silicon futures continued to weigh on the Chinese spot ferro-silicon price, leaving market participants with a strong wait-and-see attitude. The high cost of electricity fees, a postponed steel mill tender, along with thin deals and inquiries gave ferro-silicon producers less motivation...

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