At the beginning of this week, the prices of ferrosilicon 72%min and ferrosilicon 75%min in China continued to fall. This weekend, more and more manufacturers in Ningxia and Shaanxi stopped production.
Supported by reduced supply, the prices of ferrosilicon 72%min and ferrosilicon 75%min both rebounded slightly this weekend. At the beginning of this week, China’s ferrosilicon 72%min and ferrosilicon 75%min export prices were stable. Since then, due to reduced domestic supply, prices have stabilized at the end of this week.
The price of ferrosilicon 70%min in India was relatively stable this week. Due to high production costs, European ferrosilicon 75%min prices remained stable this week. This week, the price of Russian ferrosilicon 65%min showed a stable trend, and the Russian 65%min export price was stable. Due to oversupply, the price of ferrosilicon 75%min in the United States fell slightly.
