Chinese ferro-silicon market weakened further by poor downstream performance

The Chinese ferro-silicon price continued to fall in the week to Wednesday March 4 due to high stocks and worsening magnesium price performance.

Fastmarkets’ price assessment for ferro-silicon 75% Si min, in-whs China was 5,800-6,000 yuan ($837-866) per tonne on Wednesday, down from 6,300-6,400 in the previous week.
“The price has fallen back to where it was before the Lunar New Year, or even worse,” a smelter said.

Fastmarkets assessed the price at 5,900-6,000 yuan per tonne on January 22, two days...

Published

Siyi Liu

March 04, 2020

10:43 GMT

Shanghai