Lower electricity cost a boon for Chinese ferro-alloy producers but cost pressures remain

The falling electricity prices in most of the ferro-alloy production hubs in China have helped to reduce the production costs for smelters in the regions, market sources told Fastmarkets on Monday June 5, although cost pressures on such energy-intensive users remained in place.

Market participants estimated that the power price cut would lead to a drop in production costs of around 100 yuan ($14) per tonne for ferro-alloys, but they had different views...


Jessica Long

Tina Tong

June 05, 2023

12:40 GMT