Industry News

Ferroniobium exports significantly decreased in February
Ferroniobium exports significantly decreased in February
Mar 23, 2023

According to Hainan West Asia Group, Brazil was affected by bad weather in February, which led to a sharp decrease in the export volume of ferroniobium, while the total shipments have declined since t...

Japan's Low Demand for Ferrochrome and Prices is stable
Japan's Low Demand for Ferrochrome and Prices is stable
Mar 22, 2023

Due to sufficient inventory, the activity of Japanese chromium alloy consumers in the spot market remains at zero. However, suppliers are not in a hurry to lower their prices, and it is uncertain whet...

Global high carbon ferrochromium production continues to grow in 2022
Global high carbon ferrochromium production continues to grow in 2022
Mar 17, 2023

According to Hainan West Asia Group’s understanding.Global high-carbon ferrochrome production will increase by 5% year-on-year in 2022. In 2022, global ferrochromium production will reach 155,400 tons...

Prospect of industrial silicon price trend
Prospect of industrial silicon price trend
Mar 16, 2023

According to the statistics of Hainan West Asia Group, In 2022, the cost of electricity prices is on the high side, and in 2023, there is a possibility of a decline in electricity prices. Affected by...

In the future, the industrial silicon market will become more and more large-scale and standardized
In the future, the industrial silicon market will become more and more large-scale and standardized
Mar 15, 2023

According to Hainan West Asia Import and Export Company. As the basic raw material of organic silicon, polysilicon, and silicon alloys, industrial silicon has penetrated into related industries such a...

Major silicon and manganese suppliers slightly reduced the spot market quotation
Major silicon and manganese suppliers slightly reduced the spot market quotation
Mar 13, 2023

According to Hainan West Asia Group's understanding, Japan's sluggish demand for basic ferroalloys has forced major silicomanganese suppliers to slightly lower their quotations in the spot market. How...

Indian manganese ore market price forecast
Indian manganese ore market price forecast
Mar 10, 2023

According to Hainan West Asia Group, Indian suppliers are trying to attract buyers by cutting prices. However, rising manganese ore prices may limit the scope for further concessions.India's silicoman...

Analysis of global silicon and manganese market price
Analysis of global silicon and manganese market price
Mar 08, 2023

According to Hainan West Asia Group observations. Weaker demand for manganese alloys due to domestic and export from India. Silicon manganese prices in India have fallen. Several low-priced deals drov...

Southeast Asia's energy demand is expected to increase by nearly 60% by 2040
Southeast Asia's energy demand is expected to increase by nearly 60% by 2040
Mar 07, 2023

According to the research from Hainan West Asia Group, Southeast Asia would see a massive 60% increase by 2040,considering the energy demands continue to grow. The Australia-Asia power link will conne...

Turkey will start post disaster reconstruction in March
Turkey will start post disaster reconstruction in March
Mar 06, 2023

According to Hainan West Asia research,Turkey will start building houses in earthquake stricken areas in March. It is planned to be completed in one year, and the height of the new building will not e...

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