Monthly Ferrosilicon Market Report Nov 2021
2021-12-10 08:20:56 【Print】
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Market Highlights
Discouraged by the sharply decreased demand from steel mills, the prices of ferrosilicon 72%min and 75%min in China both plunged in early November, while prices dropped with a narrower pace in late November along with the price approaching the production cost.
Chinese ferrosilicon 72%min and 75min export prices dropped dramatically in early November but slipped with a slower rhythm in late November.
Ferrosilicon 70%min in India dropped discouraged by the dropping prices in international market, and ferrosilicon 75%min prices in Europe and the United Stated dropped as well.
Ferrosilicon 65%min prices in Russia kept firm and export prices of Russian ferrosilicon 65%min kept firm.
Discouraged by the sharply decreased demand from steel mills, the prices of ferrosilicon 72%min and 75%min in China both plunged in early November, while prices dropped with a narrower pace in late November along with the price approaching the production cost.
Chinese ferrosilicon 72%min and 75min export prices dropped dramatically in early November but slipped with a slower rhythm in late November.
Ferrosilicon 70%min in India dropped discouraged by the dropping prices in international market, and ferrosilicon 75%min prices in Europe and the United Stated dropped as well.
Ferrosilicon 65%min prices in Russia kept firm and export prices of Russian ferrosilicon 65%min kept firm.