Ferrosilicon Market Report March 2016
2016-04-08 09:55:18 【Print】
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In March, Chinese ferrosilicon prices moved up
. In early month, large ferrosilicon producers raised prices sharply . However, downstream market demand remained weak and consumers postponed purchasing . In late month, producers had to lower prices again to release inventory and financial pressure . Meanwhile, the production operation rates in Qinghai and Inner Mongolia increased a bit . By the end of the month, the prices for ferrosilicon 72%min jumped about 4 . 8%, and those for ferrosilicon 75%min moved up by 6 . 9%.