Declining Hegang steel mill tenders, volumes pull down Chinese ferro silicon prices

Hegang steel mill tender price fell to 7,200 yuan ($1010) per tonne on June 7, down by 380 yuan per tonne compared with the previous month. Tender volumes also dipped to 2,236 tonnes, down by 264 tonnes a month earlier, which pulled down prices for Chinese ferro silicon, sources said.

Chinese ferro silicon spot prices edged lower amid very weak downstream steel demand, with thin deals and inquires heard, sources told Fastmarkets. 

Fastmarkets’ price assessment for ferro-silicon 75% Si...


Jessica Long

June 08, 2023

05:45 GMT