Tight supply of FeSi75# continued due to improved demand from export market and smooth supply of FeSi72# lingered on in China. Special ferrosilicon prices surged in China. Production of Chinese ferrosilicon was around 410 thousand tons in May 2014, slightly do...

China's Production of FeSi in April 427,100 Tons

Output of Chinese FeSi Decreased Month-on-Month in May 2014

Latest statistics of Norway showed Norway exported 18,921 mt of ferrosilicon in May 2014

South Korean Imports of FeSi down Slightly Month-on-Month in May 2014

Market price of ferrosilicon remained below production cost line and ferrosilicon producers were seen with reduced numbers of furnaces into operation, but mainstream ferrosilicon prices were still stable in main production regions.

Owing to the struggle by major ferrosilicon suppliers, HBIS and Shagang Group together with some other steel mills slightly raised June purchase prices of FeSi72#. Seizing this chance, ferrosilicon producers raise their quotations this week.

US Imports of FeSi Rose 26.7% Y-on-Y in April 2014