Fastmarkets’ weekly price assessment for ferro-silicon 75% Si min, in-whs China
, risen to 7,800-8,000 yuan per tonne ($1,213-1,244) on May 12, up by 7.5% from 7,300-7,400 one week earlier.
Fastmarkets’ weekly price assessment of Ferro-silicon 75% Si min export, fob China
, was $1,600-1,650 per tonne on May 12, up by 11.3% from 1,450-1,470 per tonne one week earlier.
Carbon neutralization policy
In alignment with China's carbon neutralization policy, many steel mills there have gradually shifted raw materials from iron ore to steel scrap and have started to import large amounts of the latter. Ferro-silicon is used as a warming agent in the production process.
As part of the policy, the Chinese government published the Energy in...