For ferrosilicon market, neither the downstream demand nor the market activity was satisfactory.

Through 2019, the output of ferrosilicon of the group was 1.5876 million tons, and the output of Silicomanganese was 332.2 thousand tons.

The 2009 ferrosilicon contract price on ZCE closed at 5522 yuan per ton on April 16.

US hot-rolled coil prices remain modestly below $25 per hundredweight as mills seek to keep them from falling into loss-making territory amid a steep drop in demand.

Erdos Group released its 2019 annual report on 15, April, 2020.

The 2009 ferrosilicon contract price on ZCE closed at 5490 yuan per ton on April 15.

In the week ending on April 11, 2020, US domestic raw steel production was 1,256,000 net tons while the capability utilization rate was 56.1 percent.

The 2009 ferrosilicon contract price on ZCE closed at 5532 yuan per ton on April 13.