The 2105 ferrosilicon contract price on ZCE closed at 6,928 yuan per ton on March 24.

Among them, 1081 tons were exported to Korea, accounting for 53.37% and 281.48 tons were exported to Japan, accounting for 13.90%.

Demand from the stainless steel sector and foundries is expected to pick up by April as mills return to the spot market to restock.

The 2105 ferrosilicon contract price on ZCE closed at 7,018 yuan per ton on March 23.

Among them, 14663 tons were exported to Korea, accounting for 38.27% and 9090.232 tons were exported to Japan, accounting for 23.72%.

The 2105 ferrosilicon contract price on ZCE closed at 7,190 yuan per ton on March 22.

In January, 2021, Japan's imports of ferrosilicon (containing by weight more than 55% of silicon) decreased by 40.03% year on year.

Weekly Report of Chromium Market (3.15-3.19): Market wait and see sentiment is getting stronger, and the market of ferrochromium and chromite is running smoothly.