SunSirs: In the Short Term, the Ferrosilicon Spot Market May Operate Stably
Price trend On the 23rd, the mainstream price of 72 ferrosilicon in the main producing areas of Ningxia was around 8,100-8,300 RMB/ton. Analysis review Market pessimism also gradually emerged following the downward trend of futures. At present, the steel bidding in December is gradually ending, and the steel bidding has not yet started in January, and the market has…
SunSirs: In the Short Term, the Ferrosilicon Market May Be Operating Weakly
Price trendOn the 16th, the mainstream price of 72 ferrosilicon in Ningxia’s main production area was around 8,200-8,300 RMB/ton.Analysis reviewThe long-awaited Hebei Iron and Steel Group’s December bidding price for ferrosilicon was finalized. The price was 8,600 RMB/ton, which was a reduction of 2,400 RMB/ton from the previous month, and the bidding volume was 398…
