Ferrosilicon furnaces of 12,500KVA and 20,000KVA suffered, which involved 13 sets and 136,000 mt.

This week, Si products were still in tight supply on spot market. Most orders kept producing based on the orders and there were few inventories to buy.

CaSi transaction had less change on spot market. Most orders were from old clients and there were few new orders to get. In terms of production,

[Ferro-Alloys.com] Chinese FeV price edged up in early May, prompted by steel mills’ bids uptick. In late April, steel mills took a round of intensive procurement. By early May, deals were concentrated on scattered tenders, which were concluded at RMB-/mt by...

[Ferro-Alloys.com] Chinese FeMo60 price kept steady. After May 1st holidays, many steel mills consecutively took tenders, improving bids for FeMo60 to RMB-/mt by acceptance.

On basis of the present supply and the strike situation, the SA Cr ores would continue to stay firm.

This week the high carbon ferrochrome price decreased by RMBXX/mt to RMBxx/mt (ex-works price with tax). The surplus supply and the weak demand made the FeCr market hard to be changed in short term.

In China, more FeNi enterprises, including large producers had to cut down production or even closed down for lack of appropriate nickel ores.