[ferro-alloys.com] the latest data showed that the crude steel output was 64.664 million tons in June, 2013, which enhanced 4.6% Y-O-Y and lowered 3.5% M-O-M. The ferroalloy was 3.173 million tons, which enhanced 6.1% Y-O-Y and lowered 8.7% M-O-M.

 

The all amount of crude steel was 389.87 million tons, which increased 7.4% Y-O-Y in the former half year. And the ferroalloy was 17.14 million tons, which increased 15.2% Y-O-Y.

 

In June, the main price still declined steadily about ferroalloys productions, while the output increased greatly. According to the data, we learnt that the growth rate of crude steel started to slow down, which would aggravate the overcapacity situation of ferroalloys. So the ferroalloys price would not up in the short time. With the elimination of backward capacity, many big furnaces sprang up to lead to the overcapacity in recent several years. Until now the capacity was far beyond the actual demand though the rate of operation was not high, so whether the government should consider to guide and standard those new added capacity so as to promote the healthy and order development of all industries.