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

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

Weekly Report of Ferrosilicon Market (7.12-7.16)

The high-carbon ferrochrome market has been running smoothly for the time being.

Weekly Report of Ferrosilicon Market (7.5-7.9)

Price assessment for ferro-silicon 75% Si min, cif Japan widened upward to $1,900-2,000 per tonne on June 30, up by 1.31% from $1,900-1,950 per tonne on June 23.

China’s total output of high-carbon ferro-chrome was approximately 490,000 tonnes in June.

News that several major producers had withdrawn from spot trading due to supply shortages has further strengthened China’s spot ferro-chrome market, sending spot prices in the week to Tuesday June 29 to their highest point since April.