At the beginning of the month, driven by news of some manufacturers in the main production areas shutting down their furnaces, the futures market briefly rose.
Manufacturers were struggling to raise prices due to cost pressures, but unfortunately the off-season demand was not good, the price of ferrosilicon fell slightly under pressure.
Oversupply weighed on the cobalt sector in Q2, hurting prices and changing miners' plans. Find out what else happened and what factors could drive the sector for the rest of the year.
The ferrosilicon market ran overall stably this week. It is expected that the short-term rebound will be weak. Wait for representative steel mills to tender.
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