Monthly Ferrosilicon Market Report Apr 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
2.1.4 NDRC: China vows to further cut crude steel output in 2022 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 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
3.2.3 Chinese ferrosilicon 75%min FOB China 4
3.2.4 Chinese ferrosilicon 75%min Ex-VAT FOB China 5
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 6
4. Company News 6
4.1 Kazakhstan YDD to put one furnace into use 6
4.2 Ningxia Jinhaihaoyue put ferrosilicon furnaces into production 6
4.3 Zhongwei Hefa ramps up ferrosilicon output 6
4.4 HBIS' ferrosilicon purchase price for Apr fixed 6
4.5 HBIS' ferrosilicon purchase price for May fixed 6
4.6 POSCO's standard ferrosilicon purchase prices fixed 6
5. Producers Statistics 6
5.1 Chinese ferrosilicon producers' operating rate up by 1.18% MOM in Apr 6
5.2 Chinese ferrosilicon producers' output up by 0.16% MOM in Apr 7
5.3 Chinese ferrosilicon producers' inventory down by 38.31% MOM in Apr 7
6. Consumers statistics 8
6.1 WorldSteel: Global crude steel output down by 5.8% YOY in Mar 2022 8
6.2 India's crude steel production hit record high in FY2021-22 8
6.3 NBS: China's crude steel output down by 10.5% YoY in Jan-Mar 8
6.3 Tangshan's crude steel output down by 9% YoY in 2021 8
6.5 Chinese magnesium ingot producers' operating rate up by 2.85% MoM in Mar 8
6.6 Chinese foundries' rough ferrosilicon consumption in Apr 9
7 Traders Statistics 9
7.1 Top 15 active Chinese ferrosilicon exporters in Dec selected by Asian Metal 9
8. Customs and statistics 9
8.1 Chinese ferrosilicon export by country Mar 2022 9
8.2 Ferrosilicon import in China by country Mar 10
8.3 Ferrosilicon import in Japan by country Feb 2022 10
8.4 Ferrosilicon import in South Korea by country Feb 2022 10
8.5 Ferrosilicon import in the US by country Feb 2022 11
8.6 Russian ferrosilicon export by country Jan 2022 11
8.7 Malaysian ferrosilicon export by country Dec 2021 12
9. Relevant Industry News 12
9.1 Shandong to reduce steel production capacity by 18.86 million tons before the end of 2022 12
10. Market Outlook for Next Month 12
10.1 Chinese market 12
10.1.1 Ferrosilicon 72%min EXW D/P 12
10.1.2 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 12
10.2.3 Ferrosilicon 70%min prices in India EXW D/P 12
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


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