Monthly Ferrosilicon Market Report Nov 2020

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.1 China releases 2020-2021 air pollution action plan for Beijing-Tianjin-Hebei region and Fen-Wei plains 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Chinese ferrosilicon 65%min EXW D/P 3
3.1.2 Chinese ferrosilicon 72%min EXW D/P 3
3.1.3 Chinese ferrosilicon 75%min EXW D/P 3
3.2 Export Market 4
3.2.1 Chinese ferrosilicon 72%min FOB China 4
3.2.2 Chinese ferrosilicon 72%min FOB China Ex-VAT 4
3.2.3 Chinese ferrosilicon 75%min FOB China 4
3.2.4 Chinese ferrosilicon 75%min FOB China Ex-VAT 4
3.3 International Market 5
3.3.1 Ferrosilicon 70%min in India EXW D/P 5
3.3.2 Ferrosilicon 75%min in Europe in warehouse Rotterdam 5
3.3.3 Ferrosilicon 75%min in the US in warehouse Pittsburgh 5
3.3.4 Ferrosilicon 65%min in Russia in warehouse 6
3.3.5 Russian ferrosilicon 65%min FOB Russia 6
4. Company News 6
4.1 Baotou Sanwei resumes one ferrosilicon furnace 6
4.2 Shaanxi Qianxin to put one ferrosilicon furnace into operation 6
4.3 Finnfjord resumes ferrosilicon production 6
4.4 HBIS finalizes ferrosilicon purchase for November 6
4.5 Fire at Brazilian Ferbasa decreases ferrosilicon output 7
4.6 Ningxia Yuexin resumes one ferrosilicon furnace 7
4.7 YDD in Kazakhstan puts one furnace into operation 7
4.8 Kunming Steel's ferrosilicon purchase prices for December up MOM 7
4.9 Chongqing steel's ferrosilicon purchase price for December up MOM 7
4.10 Haoling Energy to ramp up ferrosilicon output 7
5. Producers Statistics 7
5.1 Chinese ferrosilicon producers' operating rate down by 0.22% MOM in Nov 7
5.2 Chinese ferrosilicon producers' output down by 0.2% MOM in Nov 8
5.3 Chinese ferrosilicon producers' inventory down by 92.8% YOY in Nov 8
6. Consumers statistics 9
6.1 Global crude steel output up by 7% YOY in October 2020 9
6.2 Janpan's crude steel output up by 11% MOM in October 9
6.3 China's crude steel output up by 12.7% YOY in Oct 9
6.4 Vietnam's crude steel output up by 11% YOY in Oct 9
6.5 Chinese magnesium ingot producers' output down by 0.8% MOM in Nov 9
6.7 Chinese foundries' rough ferrosilicon consumption in Nov 10
7 Traders Statistics 10
7.1 Top 15 active Chinese ferrosilicon exporters selected by Asian Meta 10
8. Customs statistics 10
8.1 Chinese ferrosilicon export by country Oct 2020 10
8.2 Ferrosilicon import in China by country Oct 2020 10
8.3 Ferrosilicon import in Japan by country Sep 2020 11
8.4 Ferrosilicon import in South Korea by country Aug 2020 11
8.5 Ferrosilicon import in the US by country Sep 2020 11
9. Relevant Industry News 11
9.1 Nippon Steel raises annual crude steel output forecast 11
9.2 POSCO's output and sales unchanged YOY in Q3 12
9.3 Semi-coke Group announces measures in response to extreme market conditions 12
10. Market Outlook for Next Month 12
10.1 Chinese market 12
10.1.1 Ferrosilicon 65%min EXW D/P 12
10.1.2 Ferrosilicon 72%min EXW D/P 12
10.1.3 Ferrosilicon 75%min EXW D/P 12
10.2 International market 12
10.2.1 Chinese ferrosilicon 72%min FOB China Inc/Ex-VAT 12
10.2.2 Chinese ferrosilicon 75%min FOB China Inc/Ex-VAT 12
10.2.3 Ferrosilicon 70%min prices in India EXW D/P 12
10.2.4 Ferrosilicon 75%min in Europe in warehouse Rotterdam 12
10.2.5 Ferrosilicon 75%min in the US in warehouse Pittsburgh 12
10.2.6 Ferrosilicon 65%min in Russia in warehouse 12
10.2.7 Russian ferrosilicon 65%min FOB Russia 13


.Asian Metal Copyright Economy and Policy 3 2Asian Metal Copyright