Industry News

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...

Polysilicon production is on the rise
Polysilicon production is on the rise
Mar 03, 2023

In recent years, the output of polysilicon has been increasing rapidly year by year. It is expected that it will replace aluminum alloy as the second largest demand side in 2022, and the demand will c...

Export of ferrosilicon on hold due to BIS certification
Export of ferrosilicon on hold due to BIS certification
Mar 02, 2023

Export of ferrosilicon from China has come to a halt since Jan with the expiry of the Bureau of Indian Standards (BIS) certification on January 23.India’s Ministry of Steel made it mandatory for steel...

The air quality in the concentrated areas of China's steel industry has improved significantly
The air quality in the concentrated areas of China's steel industry has improved significantly
Mar 01, 2023

According to the statistics of Hainan West Asia Import and Export Group Co., Ltd. China's steel industry in the case of production increased steadily, steel concentration area air quality improved sig...

Current form of China's ferrochrome market
Current form of China's ferrochrome market
Feb 28, 2023

According to the understanding of Hainan West Asia Import and Export Group,Due to the current state of the Chinese ferrochrome market, Indian suppliers are under-quoting China. However, suppliers have...

Low-carbon ferrochrome market is expected to improve in March
Low-carbon ferrochrome market is expected to improve in March
Feb 27, 2023

After the low carbon ferrochrome Yang Yang after the suppression, the price rose quickly 600-700 yuan /50 base tons began to fall, by now the cumulative decline of 400-500 yuan /60 base tons, almost t...

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