Industry News

U.S. to launch investigation into ferrosilicon imports
U.S. to launch investigation into ferrosilicon imports
Apr 03, 2024

In 2023, the United States will import a total of 144,160 tons of ferrosilicon from Brazil, Kazakhstan, Malaysia and Russia, a decrease of 2.2% from 2022, but an increase of 21.3% from 2021. Hainan We...

Indian Buyers Are Watching The Magnesium Ingot Market.
Indian Buyers Are Watching The Magnesium Ingot Market.
Apr 02, 2024

Due to weak demand in India, the import market for magnesium ingots in India has seen sluggish transactions. Coupled with softening prices in China, the mainstream import price of magnesium ingots in...

Malaysia’s overall steel billet export volume increased in 2023
Malaysia’s overall steel billet export volume increased in 2023
Mar 29, 2024

From September 2023 to 2024-02-04, Malaysia's steel billet export volume was 100,698.07 metric tons, compared with 66,275.50 metric tons in the same period last year and 109,395.53 metric tons last mo...

Following Update---China Ferrosilicon Prices Continue to Fall
Following Update---China Ferrosilicon Prices Continue to Fall
Mar 28, 2024

Hainan West Asia Group stated that the range of external quotations for FeSi 75 this week is as follows - based on FOB Tianjin Port, with a particle size of 10~50mm.Al 1.5% max ---- 1165~1170 USD/MT.A...

China's silicon manganese production in the past 13 months
China's silicon manganese production in the past 13 months
Mar 27, 2024

In February, Chinese silicon-manganese producers' output fell 7.3% month-on-month to 850,000 tons, the lowest level since September 2022. The main decline occurred in the southern part of the country...

China: Ferroalloy production decreased by 4% year-on-year from January to February 2024
China: Ferroalloy production decreased by 4% year-on-year from January to February 2024
Mar 26, 2024

According to research by Hainan West Asia Group, China's ferroalloy production decreased by about 4% year-on-year from January to February 2024, to 5.67 million tons. The decline in production was att...

China: Increased demand and rising domestic prices of ferrochrome
China: Increased demand and rising domestic prices of ferrochrome
Mar 26, 2024

With the improvement of demand, the Chinese ferrochrome market is showing a positive trend. The price of high carbon ferrochrome has increased by 300 yuan/ton (42 US dollars/ton) to 8850-9050 yuan/ton...

Manganese flake production stabilizes and Taiwan’s ferroalloy import proportion increases significantly
Manganese flake production stabilizes and Taiwan’s ferroalloy import proportion increases significantly
Mar 22, 2024

The average spot price of electrolytic manganese (main production area) fell back at the end of January, and the trend remained stable in February. The price remained the same month-on-month and decre...

Ferrosilicon 75 Price in China is Slowly Declining
Ferrosilicon 75 Price in China is Slowly Declining
Mar 22, 2024

Hainan West Asia Group said that the external quotation range of ferrosilicon 75 this week---FOB Tianjin Port hovered between 1130~1150 USD/MT. The relevant person in charge said that there has been a...

Silicon prices were in turmoil in late March
Silicon prices were in turmoil in late March
Mar 20, 2024

In late March, the metal silicon market welcomed a small price fluctuation, driven by the mainstream bearish sentiment of the market, industrial silicon transactions are weak, the current industrial s...

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