Chinese producers want to cut production volume in order to save price dropping in this week.

The prices of ferroalloys dropped over 10% in one week, and the producers of ferroalloys in China discussed online to cut down output by 40-50% right now to save market. details as per

US hot rolled coil (HRC) prices took their largest fall today since the beginning of February as mills continued to lower prices and buyers pushed for steeper discounts.

From January to April 2022, South Korea imported 70642.00 tons of ferrosilicon (Containing by weight more than 55 % of silicon).

South Korea ferrosilicon (Si>55%) imports decrease 12.83% in April 2022.

The 2205 ferrosilicon contract price on ZCE closed at 8776 yuan per ton on May 19.

In 2021, US imports of HRC totaled 3.4mnt, with CRC imports at 1.71mn t and HDG imports at 2.69mn t.

Nucor is spending $3bn to acquire CHI Overhead Doors from investment fund Kohlberg Kravis Roberts, the company said.