GLOBAL FERRO-SILICON WRAP: Low-priced Asian imports sink Chinese export offers

Ferro-silicon prices in the Chinese domestic market held steady last week despite elevated April tender prices from steel mills, while export offers in the country sank due to an influx of imported material into Asian markets.

Meanwhile, US ferro-silicon prices softened slightly amid low levels of spot activity. Chinese domestic ferro-silicon prices stable despite higher April mill tender prices Chinese export offers slide amid influx of Russian material into Asian markets US prices slip slightly in sluggish market Chinese market largely stable on steady demand Chinese domestic ferro-silicon prices were unchanged in the week ended Friday April 12 despite tender purchase prices from steel mills for April coming in a bit higher than last month’s. Fastmarkets assessed the Chinese domestic spot ferro-silicon (basis 75% silicon) price at 6,100-6,400 ($909-954) yuan per tonne on April 12, unchanged from a week earlier. Major producer Hebei Steel’s latest...

Published

Chris Kavanagh

Huaqing Fu

April 17, 2019

03:01 GMT

Shanghai, New York