Tungsten progresses steadily

The 2101 ferrosilicon contract price on ZCE closed at 6472 yuan per ton on December 18.

Focusing on the change of supply-demand relationship, the change of ferrosilicon production cost (including freight condition), futures market trend and the new round of steel bidding.

Ordos Ferroalloys Production in Jan-Oct

Some analysts feel iron ore prices have been spurred on by recent speculative demand.

Half of respondents see infrastructure as main driver, manufacturing set to play a bigger role.

Ordos Ferrosilicon Production in Jan-Oct

In Jan-Oct, Ordos City, Inner Mongolia, China, has produced 507.02 million tons of raw coal, a decrease of 14.2 year on year.