Excessive supply and steel mills’ large reduction of ferrosilicon bidding prices made it difficult for market prices of ferrosilicon to rise in China. More Ningxia-based and Qinghai-based producers planned to reduce production. The main stream ex-work tax-inc...

In October, Brazil exported 10468.75 tons of silicon metal (Si<99.99%), falling down by 31.9% M-O-M and down by 31.7% Y-O-Y. In Jan-Oct, 2014, Brazil totally exported 112972.75 tons of silicon metal, down by 4.9% Y-O-Y.

According to the statistics of US International Trade Commission, America imported 16940 mt of silicon metal in October 2014, down by 1.17% M-O-M.

Great Losses Caused More FeSi Producers to Reduce or Halt Operation in China (December1st-December5th)

In the US, Si553# price was 145-147 cents/lb. European Si 553# price were EUR 2270-2350/mt, up by EUR 40-50/mt.

According to statistic of Japan Customs, Japan imported 21770 tons of silicon metal in October, up by 18.4% Y-O-Y. The materials were mainly imported from China with import volume at 21533 tons.

Si metal price tended downward in November in China. Low-water seasons electricity price was carried out in the south of China. Some factories shut up to avoid high cost. Operating rate in Yunnan, Xinjiang, Fujian and Gansu was more than 80%.

Current Situation of FeSi Production of Zhongwei Hefa Metallurgical Co.,Ltd