Metallurgical Si metal prices continued to decline while chemical Si metal prices remained firm in early August in China. As low grade Si metal prices kept declining, foreign dealers took sideline attitude toward purchases. Power price was much lower in high-w...

his week there was few bids of ferrosilicon for August delivery in China. The main tone of August bids for ferrosilicon was that most steel mills raised RMB50/mt on July purchase prices, which helped some ferrosilicon producers raise their quotations.

In the first ten-day of August, some of Chinese producers cut the ex-work price of calcium silicon under big pressure of weak demand and bad transactions.

Metallurgical Grade Si Metal Price Further Dropped in China

With the economic development over recent years, export inspection on ferroalloys had become one of the major businesses of inspection & quarantine authorities of China’s Anyang city.

In August, Chinese calcium silicon export price remained stable although the domestic price slightly dropped.

Chinese chemical silicon metal price firmed in August although the metallurgical materials dropped violently.

Chinese silicon metal 553# export price continued to drop due to weak demand and sliding price in Chinese domestic in August.