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Downstream support was insufficient, and the speed of ferrosilicon shipment has slowed down, leading to a growing cautious wait-and-see sentiment.

Supported by multiple positive factors, the domestic ferrosilicon market has shown good confidence this week.

It’s still necessary to closely monitor changes in the supply and demand relationship.

The semi coke market continued to strengthen, and the quotation for small-sized has been increased to 1180 CNY/T.

This week, the ferrosilicon market has been strong.

However, the downstream side was still in the off-season, with low willingness to compromise and there was a strong sense of game between the two sides.

Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na...

With the setting of the steel tender in August, the downstream inquiry has become significantly active, market sentiment has been boosted, and the mentality of price-increasing was relatively strong.