Ferrosilicon Market Weekly
Due to weak demand, 72% and 75% of ferrosilicon mainstream prices in China fell. Affected by falling domestic prices and weak overseas demand, China's 72%min mainstream export prices of ferrosilicon fell slightly and remained stable for the rest of the year. The domestic price support is stable, and the mainstream price of domestic 75%min ferrosilicon is flat.
The price of 70% of ferrosilicon in India has increased due to power issues and upcoming purchases.
After the holiday inventory is tight, the price of ferrosilicon in Europe rose 75%.
After the holidays, the market is more active and inventory is tight. The price of 75 percent of ferrosilicon in the United States is up.
The Russian ferrosilicon 65%min price remains unchanged, and the Russian 65%min export price is consistent with the domestic price.