The market of Ferrosilicon Futures fell significantly again this week.

After the Spring Festival, the performance of the ferrosilicon market was weaker than expected.

This week, the ferrosilicon Futures turned upside down, and the long-depressed mood was relieved.

HBIS Group's tender price for 75B ferrosilicon in February was 8430 CNY/T, down 320 CNY/T from the previous month, less than expected.

Russian Nornickel expects primary nickel demand rise to 3.35mn t in 2023.

The spot transaction was not that good, the quotation changed little, and the operation was weak and stable.

However, considering the factors such as the gradual resumption of construction and other terminals and the expected good demand for replenishment after the festival, the ferrosilicon market was expected to rebound.

This week, Ferrosilicon Futures stopped falling and rebounded all the way up, with a strong trend.