Chinese ferro-silicon prices in freefall on weak demand

Key data from Fastmarkets’ pricing sessions in China, Europe and the United States on Friday November 19.

China • Weaker downstream steel demand was the principal driver of the decrease in China’s ferro-silicon price. Due to the normal steel purchase off-season, demand for steel was not at a high level. Besides, with the heat supply period beginning in northern China, steel production will be under tighter regulations to meet the dual-control targets. • The previous power cuts among many ferro-alloys producers have now been alleviated to some extent,...

Published

Chris Kavanagh

Declan Conway

Jessica Long

November 19, 2021

20:25 GMT

Shanghai, Galway, New York