[Ferro-alloys.com] In the beginning of September, Chinese steel mills have begun the bidding purchase for raw materials such as ferrosilicon and some have released the bidding price after finishing the purchase, most of which kept stable except for HBIS raising by RMB40 for FeSi72#. FeSi75# purchase price of Shougang group was at RMB6180 and FeSi72# purchase price of CITIC GROUP was at RMB6000/mt.

Seeing from the prices, we forecast that the market will be stable in September with prices of FeSi72# at RMB6000-6050/mt and FeSi75# at RMB6150-6200/mt.  

• [Editor:Yueleilei]