China’s domestic FeSi market recovers slightly, buts exports inactive

China’s domestic ferro-silicon market experienced a small recovery in the week to Wednesday May 20 due to tight supply, while export prices held steady once again amid weak demand and aggressive offers from competitors from other countries.

Fastmarkets’ weekly price assessment for ferro-silicon 75% Si min, in-whs China was 5,600-5,750 yuan ($789-810) per tonne on Wednesday, widening upward by 50 yuan per tonne from 5,600-5,700 yuan per tonne a week earlier.
A few deals were reported at the higher end of the range after producers reported dwindling stock levels.

“We do not have any 72-grade ferro-silicon to offer in the spot market, and we only have very limited amounts of 75-grade alloy,” a smelter source said. “Due to the wave of production cuts in the previous month,...

Published

Siyi Liu

May 21, 2020

10:13 GMT

Shanghai