Japan June ferrosilicon (>55%) imports down 8.83% YoY.

Japan imported 2250.95 tons of ferrosilicon (≤55%), up 167.33% YoY and up 236.16% vs. last month.

Ferrosilicon production fall slightly in H1.

The domestic US HRC assessment fell by $8.50/short ton (st) to $455/st. Lead times were flat at 2-3 weeks.

The 2009 ferrosilicon contract price on ZCE closed at 5560 yuan per ton on July 29.

Ferrosilicon quoted price in Fugu on July 29.

In June, China exported 4963.06 tons of ferrosilicon (>55%) to Japan, which accounts for 25.2% and 4493.84 to Korea, which accounts for 22.82%.

The 2009 ferrosilicon contract price on ZCE closed at 5572 yuan per ton on July 28.