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India’s Monnet Group intends to build a ferrosilicon smelter in the Pavlodar region of Kazakhstan for an outlay of $250 M (�211 M).

In the Pavlodar region, together with an investor from India, they plan to build a new plant.

The 2101 ferrosilicon contract price on ZCE closed at 5844 yuan per ton on October 23.

The current ferrosilicon market is still tight-supply, the atmosphere of price support is strong.

Indian ferro silicon prices remain stable despite moderate demand from the domestic market.

Ferrosilicon tender notice of October, 2020 (10/23/2020).

The 2101 ferrosilicon contract price on ZCE closed at 5854 yuan per ton on October 22.

The country is also expected to remain the world's largest primary energy consumer despite slowing demand growth.