Hebei Steel’s latest tender price for April is 6,250 yuan ($932.14) per tonne, for about 2,775 tonnes of ferro-silicon, according to sources.
Hebei Steel’s tender price for March was 6,200 yuan per tonne for about 3,550 tonnes of ferro-silicon.
These bid prices compare with the mill’s February tender price of 6,290 yuan per tonne, as Fastmarkets reported earlier. Market sources attributed the lower tender prices to weak demand and oversupply of ferro-silicon.
Despite the slight rebound in April,...