[Ferro-Alloys.com] With Hebei Steel recruit price settled, northern steel tender prices generally rose RMB500 / ton, while ferrosilicon main producing areas in Qinghai, Ningxia, Gansu, Inner Mongolia, rose about RMB300 / ton, but it is understood the offer was raised after the transaction more light, the current spot market is still less than normal ferrosilicon, ferrosilicon prices will remain firm recently dominated, but the possibility of the coexistence of North and South continue to rise slightly different mills also will make the tender price for supply and demand buyers FeSi prices vary.

And earlier this week, Fugu County Magnesium ingot plant all the production of short, specifications for the 7.5 kilograms, "Before we plant short spindles, long spindles are producing, now all production short ingot," the plant manager to express: Rhythm and Magnesium metal production capacity of 20,000 tons, is currently at full capacity. Earlier this week they magnesium factory tax cash price 11,800 yuan / ton, the redemption price 12,000 yuan / ton, order full, not in stock. Shanxi Province this weekend to a business in the current price 12,000 yuan / ton -12 100 yuan / ton, the order has been filled.

We learned from exporters, as foreign demand in general and users still have stock, after the recent price increases magnesium they do not worry purchases to wait and see market-oriented, small export orders. From the supply-demand relations, given the current plant inventory is not much, but the demand side will also be introduced before stocking, coupled with ferrosilicon prices remain strong magnesium market is still much of the state.

• [Editor:tianyawei]