Monthly Ferrosilicon Market Report Mar 2021

Contents
1. Market Highlights 3
2. Economy and Policy 4
2.1 Chinese Economy and Policy 4
2.1.1 Inner Mongolia conducts energy consumption reduction policy 4
3. Market Movements 4
3.1 Chinese Market 4
3.1.1 Chinese ferrosilicon 65%min EXW D/P 4
3.1.2 Chinese ferrosilicon 72%min EXW D/P 4
3.1.3 Chinese ferrosilicon 75%min EXW D/P 4
3.2 Export Market 5
3.2.1 Chinese ferrosilicon 72%min FOB China 5
3.2.2 Chinese ferrosilicon 72%min Ex-VAT FOB China 5
3.2.4 Chinese ferrosilicon 75%min Ex-VAT FOB China 6
3.3 International Market 6
3.3.1 Ferrosilicon 70%min in India EXW D/P 6
3.3.2 Ferrosilicon 75%min in Europe in warehouse Rotterdam 6
3.3.3 Ferrosilicon 75%min in the US in warehouse Pittsburgh 6
3.3.4 Ferrosilicon 65%min in Russia in warehouse 7
3.3.5 Russian ferrosilicon 65%min FOB Russia 7
4. Company News 7
4.1 Shaanxi Hengyuan decreases ferrosilicon output 7
4.2 Inner Mongolia Junzheng decreases ferrosilicon output 7
4.3 Zhongwei Maoye resumes one ferrosilicon furnace 7
4.4 CCMA in the US resumes ferrosilicon production 7
4.5 Inner Mongolia Junzheng decreases ferrosilicon output further 7
4.6 Zhongwei Shengjin to increase ferrosilicon output 7
4.7 HBIS' ferrosilicon purchase price for Mar fixed 7
4.8 POSCO's ferrosilicon purchase price for May fixed 7
5. Producers Statistics 8
5.1 Chinese ferrosilicon producers' operating rate down by 6.46% MOM in March 8
5.2 Chinese ferrosilicon producers' output down by 8.83% MOM in March 8
5.3 Chinese ferrosilicon producers' inventory down by 25.52% MOM in March 8
6. Consumers statistics 9
6.1 Global crude steel output up by 4.1% YOY in February 2021 9
6.2 Japan's crude steel average daily output rises by 4.4% MoM in Feb 9
6.3 German's crude steel output down by 10% YOY in February 9
6.4 Brazil's crude steel output up by 3.8% YOY in Feb 9
6.5 Chinese magnesium ingot producers' output down by 3.2% MOM in Feb 10
6.5 Chinese foundries' rough ferrosilicon consumption in March 10
7 Traders Statistics 10
7.1 Top 15 active Chinese ferrosilicon exporters selected by Asian Metal 10
8. Customs statistics 10
8.1 Chinese ferrosilicon export by country Feb&Jan 2021 10
8.2 Ferrosilicon import in China by country Feb&Jan 2021 11
8.3 Ferrosilicon import in Japan by country Jan 2021 11
8.4 Ferrosilicon import in South Korea by country Dec 2020 11
8.5 Ferrosilicon import in the US by country Dec 2020 11
9. Relevant Industry News 12
9.1 Severstal PJSC to lift steel output 12
9.2 Tangshan issues production curbs and emission reduction measures for steel industry enterprises 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 13
10.2.4 Ferrosilicon 75%min in Europe in warehouse Rotterdam 13
10.2.5 Ferrosilicon 75%min in the US in warehouse Pittsburgh 13
10.2.6 Ferrosilicon 65%min in Russia in warehouse 13
10.2.7 Russian ferrosilicon 65%min FOB Russia 13


.Asian Metal Copyright7 HBIS' ferrosilicon purchase price for Mar fixed 7 4.Asian Metal Copyright