[Ferro-Alloys.com] Early Fugu explosion, after the incident, Shen Fu semi-coke prices rose 70 yuan / ton, semi-coke prices rose again 40 yuan / ton, semi-coke ex-factory price increase of 110 yuan / ton with the direct impact on ferrosilicon rising by RMB132 / ton. / Ton, ferrosilicon prices have increased the price of upstream and downstream, downstream magnesium prices this week, Fugu prices to 16,500 yuan / ton -16600 yuan / ton, magnesium plant on the high demand for ferrosilicon # 75, a silicon plant People said that at present they are mainly 72#, 75# current cargo tension, ferrosilicon monthly production of 15,000 tons.

Ferrosilicon price range as follows in this week: Ferrosilicon 72 # 5500 yuan / ton -5700 yuan / ton, ferrosilicon 75 # price range of 5700 yuan / ton -5900 yuan / ton.

January to September 2016 Ordos City, ferrosilicon prices details

Steel cut production dynamics:

From October 21 onwards, the Ministry of Environmental Protection will organize 10 inspection teams, Tianjin, Hebei, Shanxi, Inner Mongolia, Liaoning, Anhui, Fujian, Jiangxi, Shandong, Henan, Hubei, Hunan, Guangdong, Hainan, Sichuan, Yunnan , Shaanxi, Gansu, Qinghai, Xinjiang and other 20 provinces and municipalities to implement environmental law enforcement supervision focus on the work of supervision. The industrial supervision since July, and domestic steel, coal production capacity to enter the end of the war. January to June this year, out of steel production capacity of 13 million tons, only 30% of the annual task. By the end of July, the country out of steel production capacity is only 21 million tons, to complete the annual task of 47%. From August began to increase the capacity to promote efforts, and the State Council SASAC reorganization Secretary Li Bing 22, said the central enterprises this year to resolve the excess steel production capacity task is 7.19 million tons, is expected to be completed this month. In the October 27th China Steel Association information conference on the fourth quarter of China Steel Association late Jingdong said: "This year the actual withdrawal of the steel industry production capacity of more than 45 million tons of the target, may reach 70 million tons or more.

Steel mills bidding dynamics:

The monthly purchase of 1,500 tons; Xiangtan Iron and Steel 75B ferrosilicon pricing 6,000 yuan / ton, the chain rose 500 yuan / ton, the purchase of 720 tons; Shanghai, Jiangsu 7525 ferrosilicon pricing 7500 yuan / ton, up 500 yuan / November 75 Yunnan ferrosilicon pricing 6395 yuan / ton, the procurement of 500 tons; Nanjing Iron and Steel in November 75B ferrosilicon tender price of 5900 yuan / ton, the price of ferrosilicon 7536 yuan / Compared with October prices rose 600 yuan / ton, the tender amount of 3,000 tons; Wuhu Xinxing Pipe November 75A ferrosilicon tender price of 6200 yuan / ton, compared with October rose 700 yuan / ton, 1,500 tons of tender; CITIC Pacific Ferrosilicon Steel tender: 75B ferrosilicon steel tender price of 5900 yuan / ton, 600 tons of tender.

International market dynamics:

China's ferrosilicon (Si> 55%) in September 2016 exported 1,8009.7 tons, an increase of 36.26%, an increase of 4.5%, the average export price of 1019.7 US dollars / ton. At the same time 1-9 total exports of 147371.106 tons, down 16.2%. In September 2016, the export volume of ferrosilicon (Si≤55%) was 3172.8 tons, up 10.0% month-on-month and 12.07% year-on-year, while the total export volume of 1-9 was 27564.05 tons, down 2.93%.

The first three quarters of steel exports 85.12 million tons, up 2.4%; imports 983 million tons, an increase of 1%. Iron ore imports 76,250,000 tons, an increase of 9.1%. Coke exports 7.5 million tons, an increase of 13.9%.

According to the foreign trade statistics of Malaysia, the export volume of ferro-silicon (Si: over 55%) in July 2016 was 7,373 tons, drastically down by 25.8% from 9,941 tons in the prior month.

In July, the exports to Australia, India, Taiwan and Italy were up, whereas the exports to South Korea and Japan were drastically down, which led to the total export volume being down from the prior month.

Now two companies such as OM Sarawak and Pertama Ferroalloys Sdn. Bhd. have been producing ferro-silicon in the Samalaju Industrial Park in Sarawak, Malaysia, but the company that had an actual result of shipping products as of July was only OM Sarawak.

Pertama Ferroalloys reported it made a first shipment in August and had a first tapping from No.2 furnace for ferro-silicon in early September, and the initial firing for No.3 furnace for ferro-silicon is scheduled to take place during October to November.

• [Editor:tianyawei]