Ferrosilicon Market Report October 2015
2015-11-27 15:08:11 【Print】
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In October, Chinese ferrosilicon market performed poorly with sliding prices continuously
. The downstream market remains dim and most of steel mills reduced production, so the demand for ferrosilicon became weaker . The excessive supply caused to fierce competition between producers and dropping prices . The traders and end-users just adopted hand-to-mouth purchasing strategy, so slow buying activities could be seen in the market . By the end of the month, prices for ferrosilicon 72%min had fallen by 3 . 4% with those for ferrosilicon 75%min dropping by 3 . 2%.