Till the end of this week, December bids of ferrosilicon appeared. Although some ferrosilicon producers had reduced operation rate due to slashed purchase prices and volumes of the steel mills, the market prices kept declining in China..

Exports of Norway FeSi slightly Decreased by 2% Month-on-Month in October 2014

硅铁市场现货积压 厂商报价持续下行

Till the end of this week, November bids of ferrosilicon had come to en end in China and some ferrosilicon producers had reduced operation rate due to slashed purchase prices and volumes of the steel mills.

Q1-Q3 Exports of Chinese Ferrosilicon Surpassed the Total of 2013

There were several large ferrosilicon furnaces ranging from 25,500KVA to 40,500KVA into operation in China’s Ningxia Hui Autonomous Region and local government enabled more ferrosilicon producers to enjoy preferential power prices in September.

Support Factors Lacked for FeSi Market Prices in China

The end of National Day Holiday meant the majority of early October was nearly over. HBIS and Shagang Group had released flat purchase prices of ferrosilicon for October delivery.