The 2109 ferrosilicon contract price on ZCE closed at 7,414 yuan per ton on April 30.

China should guard against the rise in international iron ore prices, as it has the potential to erode its hard-won economic recovery.

A total of 25,029 tonnes of FeSi and 50,996 tonnes of manganese alloys were sold during the quarter ended 31 March 2021.

Ferrosilicon Bidding Information in May, 2021 (04/30/2021).

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

According to Luo, under the current pricing mechanism, iron ore prices are to a large extent determined by the producers rather than market forces.

A total of 25,029 tonnes of FeSi and 50,996 tonnes of manganese alloys were sold during the quarter ended 31 March 2021.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.