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Ferrosilicon futures 2005 contract closed at 5714 on Tuesday March 3.

Ferrosilicon futures 2005 contract close at 5710 on Monday March 2.

Ordos City (Inner Mongolia, China) Ferrosilicon Production was 1162 thousand tons and Ferroalloys Production was 1596 thousand tons.

Tender notice of March is coming and we hope that new round of tender would boost the market confidence.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 154.4 million tonnes (Mt) in January 2020, a 2.1% increase compared to January 2019.

Ferrosilicon futures 2005 contract close at 5720 on Thursday February 27.

"Japan's construction demand has slowed after completion of Olympic infrastructure," a Japanese trader said.

The port unloaded 12,196 tons of ore per hour, beating the previous world record of 11,670 tons per hour.