Monthly Ferrosilicon Market Report Mar 2022

Contents

1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.1 MEE launches six-batch of second-round central environmental inspection 3
2.1.2 Some semicoke plants in Shaanxi face suspension for furnaces updated 3
2.1.3 MEE: Another five environmental inspection teams arrive in appointed destination provinces 3
3. Market Movements 3
3.1 Chinese Market 3
3.1.1 Chinese ferrosilicon 72%min EXW D/P 3
3.1.2 Chinese ferrosilicon 75%min EXW D/P 3
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
3.2.3 Chinese ferrosilicon 75%min FOB China 4
3.2.4 Chinese ferrosilicon 75%min Ex-VAT FOB China 4
3.3 International Market 5
3.3.1 Ferrosilicon 75%min in Europe in warehouse Rotterdam 5
3.3.2 Ferrosilicon 75%min in the US in warehouse Pittsburgh 5
3.3.3 Ferrosilicon 70%min in India EXW D/P 5
3.3.4 Ferrosilicon 65%min in Russia in warehouse 5
3.3.5 Russian ferrosilicon 65%min FOB Russia 5
4. Company News 6
4.1 Ferroglobe Spain to decrease ferrosilicon output 6
4.2 Ningxia Jinhaihaoyue put ferrosilicon furnaces into production 6
4.3 HBIS' ferrosilicon purchase price for Mar fixed 6
5. Producers Statistics 6
5.1 Chinese ferrosilicon producers' operating rate up by 0.47% MOM in Mar 6
5.2 Chinese ferrosilicon producers' output up by 3.36% MOM in Mar 6
5.3 Chinese ferrosilicon producers' inventory down by 38.31% MOM in Mar 7
6. Consumers statistics 7
6.1 WorldSteel: Global crude steel output down by 5.7% YOY in Feb 2022 7
6.2 ISSF: Global crude stainless steel output up by around 10.6% YOY in 2021 7
6.3 NBS: China's crude steel output down by 10.0% YoY from Jan to Feb 8
6.3 Iron and steel industry in Jiangsu sees first decline in crude steel output in past 20 years 8
6.4 Shandong to cut crude steel production by 3.44 million tons by end of Dec 2021 8
6.5 Chinese magnesium ingot producers' output up by 5.89% MoM in Feb 8
6.6 Chinese foundries' rough ferrosilicon consumption in Mar 8
7 Traders Statistics 8
7.1 Top 15 active Chinese ferrosilicon exporters in Dec selected by Asian Metal 8
8. Customs and statistics 9
8.1 Chinese ferrosilicon export by country Feb and Jan 2022 9
8.2 Ferrosilicon import in China by country Feb and Jan 2022 10
8.3 Ferrosilicon import in Japan by country Dec and Nov 2021 10
8.4 Ferrosilicon import in South Korea by country Dec and Nov 2021 11
8.5 Ferrosilicon import in the US by country Dec and Nov 2021 11
8.6 Russian ferrosilicon export by country Dec and Nov 2021 12
8.7 Malaysian ferrosilicon export by country Dec and Nov 2021 13
9. Relevant Industry News 13
9.1 ArcelorMittal halts production at its Ukrainian steelmaking operations 13
9.2 Shanxi deploys special rectification work for production safety in four industries 14
10. Market Outlook for Next Month 14
10.1 Chinese market 14
10.1.1 Ferrosilicon 72%min EXW D/P 14
10.1.2 Ferrosilicon 75%min EXW D/P 14
10.2 International market 14
10.2.1 Chinese ferrosilicon 72%min FOB China Inc/Ex-VAT 14
10.2.2 Chinese ferrosilicon 75%min FOB China Inc/Ex-VAT 14
10.2.3 Ferrosilicon 70%min prices in India EXW D/P 14
10.2.4 Ferrosilicon 75%min in Europe in warehouse Rotterdam 14
10.2.5 Ferrosilicon 75%min in the US in warehouse Pittsburgh 14
10.2.6 Ferrosilicon 65%min in Russia in warehouse 14
10.2.7 Russian ferrosilicon 65%min FOB Russia 14


.Asian Metal Copyright2 International market 14 10Asian Metal Copyright