Massive Bids for September FeSi Occurred on Different Volumes in China
The end of this week meant the end of August, which enabled massive bids for ferrosilicon for September delivery, including HBIS, Shagang Group, TISCO and Magang Group, etc. In terms of purchase volumes, some steel mills reduced volumes and some kept flat vol... |
Organosilicon Price Increased, So Did Si Metal
Organosilicon price increased and the DMC price was RMB 16800-17500/mt in mid August in China. There were no stocks in most organosilicon factories, so chemical Si metal prices rose. Factories all produced chemical Si metal by orders. |
Sales Volume of CaSi Rose in August in India
The imported CaSi volume from China was about 200 tons in August in India. |
India: Ferro Silicon Prices Unchanged at INR 75,500/MT Ex-Guwahati
In Bhutan, Ferro Silicon prices remain unaltered as there is recovery in demand from buyers. 70-75 grade is being traded at around INR 77,500/MT (ex-Bhutan). Prices are stable with keener buying interest from end-users in India. Market sources said good demand... |
Tight Supply was Likely to Force Steel Mills to Slightly Raise FeSi Purchase Prices
As August was soon past, many major steel mills gradually released bids for ferrosilicon for September delivery. In terms of purchase volumes, some kept flat volumes and others were seen with slight decreases. |
Multiple Pressures Landed on Exports of Chinese Ferrosilicon
Capacity and production of Chinese ferrosilicon were both far ahead worldwide, with most being domestic consumption and exports to Japan, South Korea and Americas. The EU levied import duty of ferrosilicon imported from China, thus very small quantities to the... |
Metallurgical Si Metal Price Rose Up
In late August, metallurgical Si metal price rose, up about RMB 100-300/mt. |
Chemical Si Metal Prices Remained Firm
In late August, chemical Si metal prices remained firm. Some factories turned Si421# and Si411# down. |
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