[Ferro-Alloys.com] The ferrosilicon market ran weakly stably last week. Last week's higher mainstream quoted price continued, but the trading volume was not that satisfactory, as northeast big factories reinstated the production, the current market was lack of confidence.

Ferrosilicon Futures: Continuous increases in eight trading days, ferrosilicon futures began to decline last Tuesday, the trading volume decreased significantly with small fluctuations. The opening price, closing quotation as well as settlement price went down last week. 

Fortescue Chief Executive Officer, Elizabeth Gaines, said “Fortescue has recently established a new wholly owned sales entity in China to support our customers through direct supply from regional Chinese ports, providing customers with an option to purchase smaller volumes, in Renminbi. This entity will complement our existing contractual seaborne arrangements with our first Renminbi transactions completed in June 2019.”

Click here for more information: Ferrosilicon Daily Express 7.29

• [责任编辑：kangmingfei]