Ferrosilicon Market Weekly
11th September 2023
This week, due to weak demand at the beginning of the week, the mainstream prices of 7%min and 75%min of ferrosilicon in China fell back a bit, and prices remained stable for the rest of the week.
Affected by the decline in domestic prices at the beginning of this week, China's mainstream ferrosilicon export prices fell by 72% min, and remained flat for the rest of the week supported by stable domestic prices. Due to weak overseas demand, China's ferrosilicon 75%min export prices fell at the beginning and weekend of the week and remained stable for the rest of the week.
FeSi 70%min prices in India remained stable this week due to short supply but weak demand.
European FeSi 75%min prices remained unchanged this week due to high production costs and an inactive market.