Tight Supply was Likely to Push up FeSi Further in China

Foreign FeSi Buyers Struggled to Bring down Purchase Price

FeSi Purchase Price Seemed Probably Flat for July Delivery in China

FeSi Price Tended to Stabilize with Gradual Bids of Steel Mills in China

Major ferrosilicon producers of Ningxia and Gansu spot supply of ferrosilicon 75# remained very tight

Production of Other Ferroalloys was Likely to Benefit Small FeSi Producers in Gansu

Ningxia FeSi Producers Held Firm Quotations in China

According to the already released eradication plans of outdated industrial capacity, we could see furnaces of 12,500KVA would be weeded out in main ferrosilicon production regions and there were furnaces of 6,300KVA being weeded out in non major production reg...