China ferro-silicon export prices fall to 43-month low

The Chinese ferro-silicon export price plunged in the week to Wednesday April 8 after major suppliers slashed their offers to stimulate overseas demand, which has been dampened amid the Covid-19 pandemic, sources said.

Fastmarkets’ assessment for ferro-silicon 75% Si min export, fob China was $1,050-1,100 per tonne on Wednesday, down by 5.7% from $1,130-1,150 per tonne the previous week and at its lowest point since September 2016.

During the week, a 100-tonne deal was reported at $1,050 per tonne fob China, breaking the silence in China’s export market, which had not moved since March due to an absence of trading activity....

Published

Siyi Liu

April 09, 2020

09:38 GMT

Shanghai