Industry News

Demand for chromium series in India continues to increase
Demand for chromium series in India continues to increase
Nov 21, 2023

After eight years of hard work, India will become the world's second largest steel producer in 2022. India plans to reach per capita steel consumption of 160 kilograms in fiscal year 2031. The prosper...

Ukraine's Zaporozhye ferroalloy plant halts production for winter
Ukraine's Zaporozhye ferroalloy plant halts production for winter
Nov 21, 2023

Another large ferroalloy producer in Ukraine, Zaporizhzhia Ferroalloys Plant, will suspend winter production activities due to existing threats of supply disruptions to some resources and reduced dema...

Oversupply of ferroalloy downward probability is greater
Oversupply of ferroalloy downward probability is greater
Nov 21, 2023

Ferroalloy Chinese futures prices began to fall after the end of the National Day holiday. On October 20, the closing price of manganese silicon main contract 2312 fell 2.4% to 6842 yuan/ton. Ferrosil...

China's silicon metal production cuts may expand
China's silicon metal production cuts may expand
Nov 21, 2023

At present, in terms of metal silicon, the spot market price in China is stable and the market transactions are relatively average.Looking at the market outlook, on the supply side, production capacit...

China's ferrosilicon production in September decreased by 0.4% month on month
China's ferrosilicon production in September decreased by 0.4% month on month
Nov 21, 2023

The production of ferrosilicon (FeSi) in 136 Chinese smelters surveyed on a monthly basis decreased slightly in September, following the growth recorded in the previous two months. The total productio...

Close multiple ports! What is the impact of the Israeli-Palestinian conflict on international shipping?
Close multiple ports! What is the impact of the Israeli-Palestinian conflict on international shipping?
Oct 13, 2023

Since the outbreak of a new round of military conflict between Israel and Palestine on October 7th, the conflict has so far resulted in over 2800 deaths on both sides.At the same time, the border situ...

India: The export price of silicon and manganese has slightly decreased in recent transactions
India: The export price of silicon and manganese has slightly decreased in recent transactions
Sep 28, 2023

Due to weak market sentiment, the export prices of Indian silicon manganese have generally remained stable. According to a survey by Hainan West Asia Group, the FOB price for grades 60 14 is 840 US do...

Ferrosilicon temporarily stable operation
Ferrosilicon temporarily stable operation
Sep 15, 2023

The ferrosilicon market is running smoothly, the mainstream quotation of the factory is maintained at 72# fob 1230$, 75#1300$, and the cash natural block is delivered. In the middle of this year, the...

Ukraine's silicon and manganese exports decreased by 43% in August
Ukraine's silicon and manganese exports decreased by 43% in August
Sep 15, 2023

Against the backdrop of reduced demand, Ukrainian silicon manganese exporters have significantly reduced their alloy shipments in August and throughout the summer, but the total export volume of this...

India's Andhra Pradesh producers to cut output by 30% as power consumption curbs
India's Andhra Pradesh producers to cut output by 30% as power consumption curbs
Sep 08, 2023

Ferroalloy producers in Andhra Pradesh, India, have been forced to drastically reduce capacity utilization due to power supply shortages. Mills are hoping to raise prices and restore profitability ami...

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