Tata Steel Q3 Results Preview: Net profit likely to fall 89%, margin may slump to 10% from 26%

The 2303 ferrosilicon contract price on ZCE closed at 8136 yuan per ton on February 3.

However, considering the factors such as the gradual resumption of construction and other terminals and the expected good demand for replenishment after the festival, the ferrosilicon market was expected to rebound.

The outlook for Brazil’s industrial machinery and equipment sector is positive, in part due to the construction segment, according to suppliers association Abimaq.

The 2303 ferrosilicon contract price on ZCE closed at 8208 yuan per ton on January 31.

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