GLOBAL FERRO-SILICON SNAPSHOT: Chinese prices leap on energy-related production cuts

September 04, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in Europe, China and the United States on Friday September 3.

China The Chinese ferro-silicon market turned bullish following the news that Inner Mongolia may conduct a round of production cuts due to its electricity limits, with many producers holding offers firm. Ningxia's production cuts, intended to meet the energy consumption dual control targets, also have resulted in very tight spot availability. In addition, rising ferro-silicon futures coupled with elevated Chinese prices for magnesium, the key consumer of 75%...

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