Overall, companies’deficit area is widening with the falling price. It is estimated more and more companies will forced to cut production, while the decreasing of the operating rate will probably lower the downward speed of the ferrosilicon market.

China devalued Chinese yuan for 3 consecutive days and set an exchange rate of RMB6.41 per US$1.00, which affected the whole ferroalloys of Chinese origin, and the prices of many of Chinese ferroalloys like Ferro-silicon in U.S. dollars dropped. Besides, the p...

According to the latest statistics of China customs, the domestic ferrosilicon export volume was 22,565.711 tons, decreased slightly than 23,035 tons in June 2015.

[Ferro-Alloys.com] Other steel mills in China also gradually knocked down September bidding price on ferrosilicon on the heel of HBIS.

[Ferro-Alloys.com]In late August, price of ferrosilicon in China kept downtrend due to sufficient supply and weakened demand. Ex-work

In July, 2015, the Chinese production of ferrosilicon was 381,289 tons, decreasing by 11.6% Y-O-Y. In H1 of 2015, the total production of ferrosilicon was 2.197 million tons, decreasing by 13.4% Y-O-Y.

[Ferro-Alloys.com]There was little fluctuation in the price of ferrosilicon in mid-August. Given poor sale and increasing capital pressure, some alloy suppliers forced to put price drop by RMB50/mt from the prior week.

[Ferro-Alloys.com]In recent period, price of ferrosilicon in China still failed to in good shape. Price of 75# lingered about RMB5,100/mt while RMB4,800/mt for 72, the floating range about RMB50-100/mt. Increasing operation rates in early period aggravated sal...