Subhrakant Panda, Managing Director of Indian Metals & Ferro Alloys (IMFA) expects ferrochrome prices to increase by ?3,000 to ?4,000 per tonne in the first quarter (April-June).

HBIS Group finally priced its 75B ferrosilicon tender, with a month-on-month increase of 700 CNY/T to 7300 CNY/T.

"More efforts should be made to adjust and optimize the offerings and create more high-value items."

Since the end of March, the futures market has continued to rise, injecting confidence into the long sluggish ferrosilicon market.

This week, the futures market saw a slight consolidation, and with increased support on the cost side, the released demand for replenishment from steel mills before the holiday, the spot price operated firmly.

This week, the futures market continued to rise, injecting confidence into the sluggish ferrosilicon market.

Nickel premiums stayed flat around the world amid quiet trading in the week to Tuesday April 9.

China produced 34.65 million tonnes of ferro-alloys in 2023, up by 1.4% from 34.17 tonnes in 2022, according to data from the country’s National Bureau of Statistics.