The total amount of investment will be US$125 million.

Organized by the Silicon Committee of China Ferroalloy Industry Association, the meeting was held in the form of video at 15:00 on November 18, 2022.

Current futures market investment varieties generally cover the major fields of the country's economic development, such as nonferrous metals, iron and steel, and energy.

Norwegian Elkem issued force majeure letters and stop/scale back production.

Brazilian alloy producer Ferbasa's ferro-chrome and ferro-silicon output continued to lag year on year in the second quarter.

The FeSi ¨C Manganese Alloys Conversion Project was motivated by a need to align product mix with global market demand.

A total of 37,779 tonnes of FeSi and 52,172 tonnes of manganese alloys were sold during the quarter ended 30 June 2022.

Ferro-silicon prices have lately consolidated at €2,450-2,600/t ddp, down by 38pc since early May.