Overall, companies’deficit area is widening with the falling price. It is estimated more and more companies will forced to cut production, while the decreasing of the operating rate will probably lower the downward speed of the ferrosilicon market.

China devalued Chinese yuan for 3 consecutive days and set an exchange rate of RMB6.41 per US$1.00, which affected the whole ferroalloys of Chinese origin, and the prices of many of Chinese ferroalloys like Ferro-silicon in U.S. dollars dropped. Besides, the p...

According to the latest statistics of China customs, the manganese ore import volume was 1,360,000 tons in July 2015, increased slightly than 1,327,000 tons in June 2015, but decreased by 10.61% than 1,523,000 tons in July 2014.

According to the latest statistics of China customs, the domestic electrolytic manganese export volume was 31,438.023 tons, increased 18.9% than 25,496.38 tons in June 2015, and increased by 16.19% than in July 2014.

According to the latest statistics of China customs, the domestic ferrosilicon export volume was 22,565.711 tons, decreased slightly than 23,035 tons in June 2015.

Above all, the silicon manganese industry consolidation is urgent. Furthermore, the cooperation and coordination among companies is essential to solve the difficult situation and acquire pricing power.

[Ferro-Alloys.com]China's largest stainless steel mills have already settled their tender prices for high-carbon ferrochrome for September, with a decline of RMB50-150/MT Cr 50% basis, indicating China's high-carbon ferrochrome prices have fallen to the lowest...

[Ferro-Alloys.com]Chinese FeMo transacted at RMB57,000-58,000/mt by acceptance. Steel industry was still depressed in September, resulting in that producers purchased needed volumes.