The Chinese domestic ferro-silicon market dipped in the most recent trading session due to the continuing sluggish downstream magnesium market and easing supply concerns, with smelters ramping up their operations.
Fastmarkets' price assessment for ferro-silicon 75% Si min, in-whs China was 5,800-5,900 yuan ($828-842) per tonne on Wednesday July 22, down by 100 yuan (1.7%) from 5,900-6,000 yuan per tonne in the previous week."As the [magnesium] market is staying at a bottom for...