Industry News

Year-end forecast of ferrosilicon trend
Year-end forecast of ferrosilicon trend
Dec 29, 2023

On the demand side, the steel end has a certain toughness in the demand for ferrosilicon, but the metal magnesium and export demand are sluggish. Data from the National Bureau of Statistics show that...

Industrial silicon price at year end with high upside probability
Industrial silicon price at year end with high upside probability
Dec 22, 2023

At present, southwest China has entered the dry period. After the price increase is completed, because of the difference in the level of production management of enterprises, industrial silicon prices...

The tension in the Red Sea corridor affects the global supply chain
The tension in the Red Sea corridor affects the global supply chain
Dec 22, 2023

The Suez Canal, as a major maritime route connecting Asia to Europe, Asia to the Mediterranean, and Asia to the East Coast of the Americas, holds significant importance for global trade and shipping....

Global Iron Ore Supply and Demand Situation Analysis 2023
Global Iron Ore Supply and Demand Situation Analysis 2023
Dec 15, 2023

Global iron ore shipmentsAccording to data from the World Steel Association, from January to September 2023, the cumulative global iron ore shipments were 1.152 billion tons, an increase of 30.43 mill...

Kazakhstan will build a new ferrosilicon factory
Kazakhstan will build a new ferrosilicon factory
Dec 08, 2023

Kazakhstan plans to build a new factory with an annual output of 80000 tons of ferrosilicon in the city of Ekibastuz. The project was announced at a meeting of the National Economic Modernization Comm...

Annual ferrosilicon summary
Annual ferrosilicon summary
Dec 01, 2023

Early this year, ferrosilicon futures completed the main contract change month, driven by the strong rise in the price of black metal, ferrosilicon tray with the rise, 72# market price to follow the p...

The EU minor metal market is showing a multi-directional trend
The EU minor metal market is showing a multi-directional trend
Dec 01, 2023

Multiple traders restocked their molybdenum product inventory, and their prices began to rebound after a rapid decline at the beginning of the week. The ferrovanadium market is still not active.The qu...

Oversupply is hard to match by replenishing inventory
Oversupply is hard to match by replenishing inventory
Nov 17, 2023

In the third quarter of this year, with the recovery of commodity prices in the steel industry chain, the price of ferroalloy has rebounded, which makes the profit of the ferroalloy industry chain bet...

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...

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