Monthly Ferrosilicon Market Report Jul 2021

Contents
1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.Asian Metal Copyright6 Nippon steel finalizes the ferrosilicon purchase 7 4.Asian Metal Copyright1 Inner Mongolia Government restricts power consumption in July in many cities. 3
2.2 International Economy and Policy 3
2.2.1 Russia plans export tax on ferrous and nonferrous metals to fight inflation 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 4
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 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 OM in Malaysia resumes ferrosilicon production 6
4.2 Hyundai Steel fixes ferrosilicon purchase price for Aug 6
4.3 Inner Mongolia Junzheng's ferrosilicon output cut 6
4.4 HBIS's ferrosilicon purchase price for Jul fixed 7
4.5 SeAH's ferrosilicon purchase price for Aug fixed 7
4.6 Nippon steel finalizes the ferrosilicon purchase 7
4.8 OM in Malaysia ramps ferrosilicon output up 7
5. Producers Statistics 7
5.1 Chinese ferrosilicon producers' operating rate down by 0.01% MOM in Jul 7
5.2 Chinese ferrosilicon producers' output down by 2.93% MOM in Jul 7
5.3 Chinese ferrosilicon producers' inventory down by 36.69% MOM in Jul 8
6. Consumers statistics 8
6.1 Global crude steel production up by 11.6% YOY in Jun 8
6.2 Japan's crude steel output up by 44.4% YOY in Jun 8
6.3 POSCO's crude steel output down by 1.15% QOQ in Q2 2021 9
6.5 Chinese magnesium ingot producers' output down by 13.86% MoM in Jul 9
6.6 Chinese foundries' rough ferrosilicon consumption in Jul 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 Jun 2021 9
8.2 Ferrosilicon import in China by country May 2021 10
8.3 Ferrosilicon import in Japan by country May 2021 10
8.4 Ferrosilicon import in South Korea by country May 2021 10
8.5 Ferrosilicon import in the US by country May 2021 11
8.6 Russian ferrosilicon export by country May 2021 11
8.7 Malaysian ferrosilicon export by country May 2021 11
9. Relevant Industry News 12
9.1 Baosteel's microbial corrosion resistant pipe unveiled in the world 12
9.2 Worker dies after falling from catwalk at Dearborn steel plant 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 13
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 Copyright3 Chinese ferrosilicon producers' inventory down by 36Asian Metal Copyright