Ferrosilicon Market Report March 2017

In March, prices for ferrosilicon mainly kept increasing. By the end of the month, the prices moved up by around RMB900/t from the end of last month.Asian Metal Copyright Industry insiders predicted that in April the export price for ferrosilicon would go down slightly because of declining trend in domestic market.Asian Metal Copyright Because of stable downstream demand and engough spot supply, industry insiders forecasted that the price for ferrosilicon would decrease slightly in April.

In March, export prices for Chinese ferrosilicon moved by USD110/t from the end of last month. The market saw stable deals this month.Asian Metal Copyright Because of stable downstream demand and engough spot supply, industry insiders forecasted that the price for ferrosilicon would decrease slightly in April.Asian Metal Copyright Industry insiders predicted that in April the export price for ferrosilicon would go down slightly because of declining trend in domestic market.