[Ferro-Alloys.com] After a round of small fluctuation, the ferrosilicon market still ran weakly steady. The offer price of ferrosilicon 75# in Ningxia region was 5950-6000 yuan per ton, and in Inner Mongolia was 5900-5950 yuan per ton; and the price of ferrosilicon 72# was 5700-5750 yuan per ton in Inner Mongolia, 5700-5750 yuan per ton in Ningxia region.

On the supply side, the capacity utilization rate was high due to low inventory, and the demand was still weak, with the exports reduced by half, the transactions were not that good, so it's hard for ferrosilicon price to increase. But on the other hand, as the restrictions of productions were easing, the steel market was getting warm, plus the factories unwilling to sell products at low prices, the ferrosilicon market may keep weakly steady in a short run.

Steel: Restrictions of production before the week-long holiday influenced the supplies of steel, and with the production recoveries of steel mills, the market was getting warm and in a good mood on the whole.

Magnesium Metal: Weakly steady. With the soft demand, the market was quiet; and with the increasing inventories, the price of Magnesium Metal was difficult to rise. It may remain weakly steady in a short term.

Coal and Coke: Continued downturn trend. The price was slightly decreased due to the increasing inventories and accelerating railway transmissions. But there were analysts thought that this round of price-decreasing wouldn't be long and the declines would be limited because of the coming of heating period and the recoveries of the downstream factories. The demand would grow and the price would increase again.

Ferrosilicon Futures: 2001 contract rose slightly after the week-long holiday but on the last trading day of this week, it declined a little. It was expected to remain weakly steady with little fluctuations in a short term.

Below are ferrosilicon futures main contract 2001 daily specific performances:

• [Editor:kangmingfei]