CHINA FERRO-SILICON SNAPSHOT: Alloy price rises sharply on strong domestic demand, raw materials shortfall

Key data from the Wednesday July 17 pricing session in Shanghai.





Key drivers

Demand improved due to low stock at magnesium smelters, a major consumer of 75% ferro-silicon in China. Meanwhile, the rebounding domestic magnesium price also helped to put upward pressure to ferro-silicon prices. Fastmarkets’ price assessment for magnesium 99%, exw China,...

Published

Nikki Ni

July 18, 2019

10:01 GMT

Shanghai