Limited utilization of capacity as well as cost support, making the spot market generally strong, but the transaction slowed down.

The spot market was relatively stable and mostly wait-and-see.

US ferro-silicon (75pc) prices increased to $2.60-2.80/lb from $2.20-2.30/lb on 30 September.

Weekly report of chrome market in China

HBIS Group released the bidding information of ferrosilicon 75B in October, with a volume of 3126 tons and a price of 16000 yuan per ton.

The market was slightly chaotic, and most manufacturers were reluctant to offer, and there was a strong wait-and-see mood.

Manufacturers were reluctant to sell and traders were in a strong wait-and-see mood.

The spread is over four times as wide as the $326/st from a year ago.