Prediction

Weekly Report of Ferrosilicon Market (Apr 17-21, 2023)

Downstream demand and transactions remained lackluster, and the domestic ferrosilicon market continued to operate weakly and steadily this week

Friday, April 21, 2023

Ferrosilicon Futures close at 7604 on April 20, down 2.04%

The 2306 ferrosilicon contract price on ZCE closed at 7604 yuan per ton on April 20.

Thursday, April 20, 2023

WSA: Global steel demand is expected to grow by 2.3% in 2023

The World Steel Association (worldsteel) has today released its Short Range Outlook (SRO) steel demand forecast for 2023 and 2024. Worldsteel forecasts that this year, demand will see a 2.3% rebound to reach 1,822.3 Mt. Steel demand is forecast to grow by 1.7%...

Thursday, April 20, 2023

INSG: Global nickel market in 20,800 tonne surplus in February

The global nickel market had a surplus of 20,800 tonnes in February, compared with a deficit of 1,700 tonnes in the same month last year, data from the International Nickel Study Group (INSG) showed on April 19.

Thursday, April 20, 2023

Ferrosilicon Futures close at 7946 on April 19, up 0.46%

The 2305 ferrosilicon contract price on ZCE closed at 7946 yuan per ton on April 19.

Wednesday, April 19, 2023

Vale produced 41, 000 tons of nickel in Q1

Vale produced 66.8 million tons of iron ore in the first quarter, compared with an expected 67.7 million tons and 80.85 million tons in the previous quarter. Nickel production was 41,000 tons in the first quarter, compared with 47,400 tons in the previous quar...

Wednesday, April 19, 2023

Ferrosilicon Futures close at 7934 on April 18, up 1.82%

The 2305 ferrosilicon contract price on ZCE closed at 7934 yuan per ton on April 18.

Tuesday, April 18, 2023

Ferrosilicon Futures close at 7806 on April 17, down 0.99%

The 2305 ferrosilicon contract price on ZCE closed at 7806 yuan per ton on April 17.

Monday, April 17, 2023
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