Industry News

Metal silicon forecast next month
Metal silicon forecast next month
Aug 18, 2023

Domestic polysilicon and silicone consumption has increased significantly, while industrial silicon production has gradually increased, and the consumption of export markets has gradually compressed....

European consumers are not interested in purchasing FerroMolybdenum recently
European consumers are not interested in purchasing FerroMolybdenum recently
Aug 18, 2023

After the rapid rise in molybdenum product prices in Asia and Europe, sellers were forced to lower their prices due to the minimum number of transactions with European buyers.FerroMolybdenum (60-70% M...

The price of electrolytic manganese keeps falling
The price of electrolytic manganese keeps falling
Aug 18, 2023

It is reported that since August, the price of electrolytic manganese has dropped rapidly with a daily trend of 200 yuan, but the market demand has not improved significantly. Only a few major manufac...

Silicon carbide "ready for" photovoltaic market
Silicon carbide "ready for" photovoltaic market
Aug 04, 2023

In the context of the accelerated development of the energy electronics industry, the global PV installed capacity continues to rise, bringing considerable market growth to silicon carbide. Yole resea...

South Korea reduces anti-dumping tax rate of silicon manganese
South Korea reduces anti-dumping tax rate of silicon manganese
Jul 28, 2023

The South Korean government has revised the anti-dumping tax rate on imports of silicon manganese. At the same time, for Ukrainian materials, the protection measures will be cancelled after the expira...

A New Round of Price Rise in the European Molybdenum Product Market
A New Round of Price Rise in the European Molybdenum Product Market
Jul 28, 2023

The supply of molybdenum materials in the European market continues to decline, encouraging local sellers to raise prices again.Hainan West Asia has received news that the price of ferromolybdenum (60...

Continued downturn in the ferrosilicon market in the second half of the year can usher in a turnaround
Continued downturn in the ferrosilicon market in the second half of the year can usher in a turnaround
Jul 21, 2023

China's exports of ferrosilicon fell 26 per cent in June, according to Chinese customs data. Overseas demand is sluggish, and in the case of an overall downward trend, the price of ferrosilicon 2023 f...

Export downturn, freight rates plummeting! India even experienced negative shipping costs
Export downturn, freight rates plummeting! India even experienced negative shipping costs
Jul 21, 2023

According to the information received by Hainan West Asia, for the major Asian transit ports from India to Port Klang and Singapore, the sharp decline of container trade after the epidemic seems more...

Indian ferrochrome supplier cuts prices again
Indian ferrochrome supplier cuts prices again
Jul 14, 2023

Insufficient demand from China has led to another drop in Indian ferrochrome prices. Prices in the Indian domestic market have also declined.The quotation for Indian high carbon ferrochromium (60% Cr;...

Electricity prices rise, Indian Face Alloys will shut down a ferrochrome factory
Electricity prices rise, Indian Face Alloys will shut down a ferrochrome factory
Jul 14, 2023

According to the information received by Hainan West Asia, on July 3, Mumbai, India's Face Alloys Company was preparing to stop its ferrochrome plant in Vizianagaram, Andhra Pradesh, because the incre...

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