During the same period, the plant also posted a 30% growth in overall production of prime rails.

Ferrosilicon tender moving slowly and the big steel mill haven’t released its notice. But it’s expected a decrease on price.

The 2009 ferrosilicon contract price on ZCE closed at 5578 yuan per ton on April 3.

In February, Silicon lamination production was 700 thousand tons, up by 60 thousand tons (9.4%) YoY.

Ferrosilicon futures 2005 contract close at 5536 on Thursday April 2.

Ferrosilicon futures 2005 contract close at 5416 on Wednesday April 1.

Through January to March, the ferrosilicon production was around 1.27 million tons.

JSW Steel has decided to scale down/ suspend production at its units in the wake of the global outbreak of novel Coronavirus (COVID-19).