On the morning of May 30th, the main contract of ferrosilicon futures rose the limit up in response, with a highest price of 7824 CNY/T, an increase of 8.01%; On the 31st, the market closed at 8108 CNY/T, up 5.27%.

This week, some steel plants announced tender information in June, there would be a new round of release on the demand side...

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.