News

International steel market situation
Nov 07, 2022

Singapore rebar import prices continue to fall Recently, the demand for imported rebar in the Singapore market has continued to be sluggish, and buyers are not willing to purchase spot. Import prices of wire rods in Southeast Asia continue to fall The import assessment price of wire rod (low carbon) in Southeast Asia is 570 US dollars / ton (CFR), showing a downward trend compared with last week. ...

More than 40 Chinese manganese enterprises: from now on, strictly limit and reduce production by more than 60%
Nov 07, 2022

On July 22, the Manganese Professional Committee of China Ferroalloy Industry Association released the latest proposal on the ferroalloy online website. The content of the resolution includes strict limit and reduction of production by more than 60% from now on; Minimize the purchase of foreign ores and avoid the risks brought by high ore prices....

Price of Ferromolybdenum volatility in EU
Nov 07, 2022

Ferromolybdenum prices have risen sharply: Alloys (60-70% Mo) are being offered at $43-43.5/kg Mo FCA Rotterdam, compared to $39.5-40.5/kg Mo FCA Rotterdam a week ago. Market participants reported that prices were changing daily, with prices above $42/kg Mo on Friday, while quotes on Monday fell back to $40/kg Mo. During the week, however, the price momentum was strong, with quotes rising daily....

China's ferrosilicon exporters have strengthened their position significantly this year
Nov 07, 2022

Since the beginning of the year, demand for Chinese ferrosilicon has grown significantly amid the European energy crisis, and later because of economic sanctions against Russia, another major supplier, making the Chinese material more attractive.Hainan West Asia ferrosilicon exports on the rapid growth. ...

What kind of ferrosilicon is easy pulverized?
Nov 07, 2022

Ferrosilicon with a silicon content of 75% is the most abundant ferrosilicon variety in China at present. Normally the product will not be significantly pulverized after being placed for several months. From the production practice of many manufacturers, pulverization mostly occurs in ultra-thick (ferrosilicon casting thickness over 100mm), ferrosilicon products with low silicon content and high impurity content (Si<72%, AI, P, Ca, etc. high impurity content)....

China SiMn output recovers to 8-week high
Nov 07, 2022

China's SiMn output continued to recover last week, with the daily output among the country's 121 smelters under regular survey strengthening for the third straight week by another 425 tonnes/day on week to 21,195 t/d on average over September 2-8. The sampled smelters account for almost all of China's SiMn smelting capacity. ...

The silicon metal industry chain is facing differentiation
Nov 07, 2022

Under the strict constraints of global carbon emissions, the new production capacity of industrial silicon (silicon metal)is constrained, and the opening power is also significantly affected.SMEs are gradually eliminated, and the proportion of leading enterprises has increased. In terms of downstream demand, the global photovoltaic industry will become an important energy highlight for countries in the next few decades, and the corresponding poly silicon demand is expected to maintain a high growth rate. With the growth of the global economy, the demand for silicone will also increase steadily. ...

Silicon metal exporters hols an uncertain attitude
Nov 07, 2022

Manufacturers have raised their quotations since last week, and they have already raised prices as early as the beginning of August. However, given the current unstable situation, Chinese silicon metal exporters intend to wait and see the market. At present,China's silicon metal 441 price has in creased by US$50 from the beginning of this week, as producers raise prices, exporters have to raise prices accordingly, professional expect China's silicon metal export prices to risein the coming week....

The price of ferromolybdenum continue to rise in China
Nov 07, 2022

China's domestic ferromolybdenum in now keeping in short supply situation, the delivery date is difficult to guarantee, and the transaction price keeps rising. The bidding price of ferromolybdenum for...

Electricity limitation have a great impact on ferroalloys power supply
Nov 07, 2022

For hainan westasia ferroalloy production, electric power costs for about 30-50%, and energy consumption control and electricity limitation have a great impact on ferroalloy....

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