Monthly Ferrosilicon Market Report May 2021

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.1 Shizui Shan Ningxia to conduct the energy consumption control 3
2.1.2 Shandong to start 2nd batch of 2nd round of ecological environmental inspections 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 4
3.2 Export Market 4
3.2.1 Chinese ferrosilicon 72%min FOB China 4
3.2.2 Chinese ferrosilicon 72%min Ex-VAT FOB China 4
3.2.4 Chinese ferrosilicon 75%min Ex-VAT FOB China 5
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 6
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 South Korean Hwanyoung Steel's ferrosilicon purchase for June fixed 6
4.2 Fugu Jinwantong reduces ferrosilicon output 7
4.3 SeAH finalizes ferrosilicon purchase price 7
4.4 Zhongwei Xinhua increases ferrosilicon output 7
4.5 POSCO's ferrosilicon spot purchase price for July fixed 7
4.6 HBIS' ferrosilicon purchase price for May fixed 7
5. Producers Statistics 7
5.1 Chinese ferrosilicon producers' operating rate down by 0.54% MOM in May 7
5.2 Chinese ferrosilicon producers' output down by 0.77% MOM in May 7
5.3 Chinese ferrosilicon producers' inventory down by 65.70% MOM in May 8
6. Consumers statistics 8
6.1 Global crude steel output increases by 23.3% YOY in Apr 8
6.2 Japan's crude steel output up by 18.9% YOY in Apr 2021 8
6.3 Crude steel output in Hebei, Jiangsu, Shandong and Liaoning accounts for 47.0% of China's total output in Apr 8
6.4 China's crude steel output rises by 15.8% YoY in Jan-Apr 9
6.5 Chinese magnesium ingot producers' output down by 2.68% MoM in May 9
6.6 Chinese foundries' rough ferrosilicon consumption in May 9
7 Traders Statistics 9
7.1 Top 15 active Chinese ferrosilicon exporters selected by Asian Metal 9
8. Customs statistics 9
8.1 Chinese ferrosilicon export by country Apr 2021 9
8.2 Ferrosilicon import in China by country Apr 2021 10
8.3 Ferrosilicon import in Japan by country Mar 2021 10
8.4 Ferrosilicon import in South Korea by country Mar 2021 10
8.5 Ferrosilicon import in the US by country Mar 2021 10
9. Relevant Industry News 11
9.1 JSW cuts output in face of oxygen shortage 11
9.2 Paragon Steel announces acquisition of Ohio steel distributor 11
9.3 Liberty Steel to sell aerospace steel business in Yorkshire 11
10. Market Outlook for Next Month 11
10.1 Chinese market 11
10.1.1 Ferrosilicon 65%min EXW D/P 11
10.1.2 Ferrosilicon 72%min EXW D/P 11
10.1.3 Ferrosilicon 75%min EXW D/P 11
10.2 International market 11
10.2.1 Chinese ferrosilicon 72%min FOB China Inc/Ex-VAT 11
10.2.2 Chinese ferrosilicon 75%min FOB China Inc/Ex-VAT 11
10.2.3 Ferrosilicon 70%min prices in India EXW D/P 11
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 12


.Asian Metal Copyright6 Chinese foundries' rough ferrosilicon consumption in May 9 7 Traders Statistics 9 7Asian Metal Copyright