GLOBAL FERRO-SILICON SNAPSHOT: International prices spike, taking cue from Chinese market gains

December 12, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 11.

China Domestic spot prices hit a two-year peak amid looming concerns over supply tightness after Zhongwei city ordered ferro-alloys refineries to shut down to tackle pollution during winter period.The futures market responded sharply to the news of winter production cuts, with the most-traded January ferro-silicon contract price on the Zhengzhou Commodity Exchange (ZCE) closing at 6,628 yuan ($1,013) per tonne on Wednesday December 9, up by 4.4% from 6,346 yuan per tonne...

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