Ferroalloys Futures Daily Report (7/21/2021).

The 2109 ferrosilicon contract price on ZCE closed at 8450

The 2109 ferrosilicon contract price on ZCE closed at 8646

Stoppages and reduced production rates in the automotive sector resulting from a shortage of semiconductors has resulted in lower scrap output, participants said.

Stoppages and reduced production rates in the automotive sector resulting from a shortage of semiconductors has resulted in lower scrap output, participants said.

Domestic efforts to curb China’s total steel output are likely to begin soon.

Similar notices were issued by a number of major producers in Inner Mongolia.

Similar notices were issued by a number of major producers in Inner Mongolia.