[Ferro-Alloys.com] China FeSi spot price kept stable after Spring Festival, the quotation range of FeSi 75# was RMB4500/MT-4600/MT, and FeSi 72# still remained RMB4300/MT-4400/MT. Recently, there are only few steel mills published the bidding price because of the weak market in the past half Feb., we learn that China FeSi factories are in a low operation, and the main production province Inner Mongolia operation rate was about 50%, and Qinghai province was about 40%, Ningxia province was about 20% while Gansu province was less than these areas, it was only about more or less than 15%.

Ferrosilicon market appeared a good dealt in the beginning of 2016, and let some factories regain confidence, because of previous ferrosilicon manufacturers are losing money for a long time, which makes enterprise offer strong in last month, and we did not see that factories sell in a lower price to decrease inventories as usual Spring Festival later, but with more and more enterprises gradually production, some people worry about the late FeSi market.

• [Editor:tianyawei]