Under the traditional off-season, the ferrosilicon market continued to operate weakly, with a strong wait-and-see sentiment and cautious procurement operations.

The cost side support was stable and strong, and manufacturers were still showing a willingness to raise prices.

This week, some steel plants announced tender information in June, there would be a new round of release on the demand side...

Tight supply of raw calcium, calcium metal wire (pellets) market prices rose

HBIS Group finally priced its 75B ferrosilicon tender, with a month-on-month increase of 700 CNY/T to 7300 CNY/T.

This week, the futures market saw a slight consolidation, and with increased support on the cost side, the released demand for replenishment from steel mills before the holiday, the spot price operated firmly.

This week, the futures market continued to rise, injecting confidence into the sluggish ferrosilicon market.

Since the end of March, the futures market has continued to rise, boosting industry confidence to a certain extent and showing signs of recovery in the spot market...