Market Prices of Ferrosilicon Tended to be Flat during Chinese Spring Festival (February9th-February13th)

[Ferro-Alloys.com]LME nickel price closed at 14745 on Feb 12, down 385 over the previous week. LME nickel stock was 426,018 tonnes, increasing by 2,528 tonnes. LME nickel price fell last week after it formed a star-shape in the previous week on the week chart....

Silicon metal price kept steady before Spring Festival in China. Low-grade silicon metal was in short supply in the second week of February. That was because many silicon metal factories in the south of China shut down and operating rate was low.

Calcium silicon price kept steady in the second week of February in China.

[Ferro-Alloys.com] Chinese FeV was offered at RMB66,000-67,000/mt (USD10,819-10,983/mt, export duty excluded) by acceptance. Downstream steel mills purchased raw materials before the Spring Festival, but they pressed tender price to a new low level due to fund...

[Ferro-Alloys.com] Chinese FeMo transacted at RMB80,000-81,000/mt (USD13,114-13,278/mt, export duty excluded) by acceptance. In early month, steel mills purchased small volumes, and delayed payment, so FeMo suppliers held pessimistic attitude. Overseas moly ox...

[Ferro-Alloys.com] In recent period, Chinese manganese alloy market still kept flat amid slowing growth for demand. Silicon manganese 6517 is currently pricing at RMB5,650-5,800/mt in north and RMN5,900-6,000/mt forsouth, and RMB5,200-5,300/mt for 6014.

Calcium silicon price was the lowest in recent years in China.