Stronger yuan fails to support ferro-silicon prices

China's ferro-silicon prices fell in the week ended Thursday July 13, despite the yuan rebounding by 0.7% against the dollar, sources said.

Since May, the yuan has continually depreciated against the dollar to reach 7.26, its lowest level this year, and a depreciation of about 4.4% from 6.95 at the end of...


Jessica Long

July 13, 2023

06:28 GMT