Ferrosilicon Market Weekly Report
This week, the mainstream price of ferrosilicon 72%min in China continued to rise this week, supported by rising raw material prices and a more active market. Due to rising raw material prices, the mainstream price of ferrosilicon 75%min in China rose slightly at the beginning of the week and remained stable throughout the rest of the week.
Due to a slight increase in domestic prices at the beginning of the week, China’s mainstream export prices of ferrosilicon 72%min and 75%min increased this week, and prices remained stable later this week due to inactive overseas markets.
In view of the more active market, the price of 70%min ferrosilicon in India increased slightly this week. Due to the inactive market, European ferrosilicon 75% prices fell this week.
Due to weak demand, the price of 75%min ferrosilicon in the United States fell slightly this week.
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