Monthly Ferrosilicon Market Report Nov 2022

Contents

1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.Asian Metal Copyright1.Asian Metal Copyright1 GACC: China's foreign trade value up by 9.5% YOY in Jan-Oct 2022 3
2.1.Asian Metal Copyright1 Chinese ferrosilicon 72%min EXW DP 3 3.Asian Metal Copyright2 China's central bank to cut RRR by 0.25 percentage points 3
2.1.3 MEE unveils action plan to win battle for blue skies 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 Zhongwei Maoye ramps up ferrosilicon output 6
4.2 HBIS' ferrosilicon purchase price for Oct fixed 6
4.3 Pertama Ferroalloys to enlarge ferrosilicon capacity 6
4.4 HBIS' ferrosilicon purchase price for Nov fixed 6
4.5 South Korean POSCO'S ferrosilicon tender price fixed 6
4.6 South Korean HANSCO's ferrosilicon tender price fixed 6
5. Producers Statistics 6
5.1 Chinese ferrosilicon producers' operating rate up by 0.69% MOM in Nov 6
5.2 Chinese ferrosilicon producers' output up by 7.27% MOM in Nov 7
5.3 Chinese ferrosilicon producers' inventory down by 12.38% MOM in Nov 7
6. Consumers statistics 7
6.1 WorldSteel: Global crude steel output down by 3.9% YoY in Jan-Oct 7
6.2 India plans to double crude steel production capacity over next 10 years 8
6.3 POSCO's stainless steel production falls by 10.8% YoY in Q3 8
6.4 Chinese magnesium ingot producers' operating rate down by 0.33% MoM in Nov 8
6.5 Chinese foundries' rough ferrosilicon consumption in Nov 8
7 Traders Statistics 8
7.1 Top 15 active Chinese ferrosilicon exporters in Nov selected by Asian Metal 8
8. Customs and statistics 9
8.1 Chinese ferrosilicon export volume in Oct down by 15.Asian Metal Copyright2 Chinese ferrosilicon 75%min EXW DP 3 3.Asian Metal Copyright40%MoM. 9
8.2 Ferrosilicon import in China by country in Oct 2022 10
8.3 Ferrosilicon import in Japan by country Aug 2022 10
8.4 Ferrosilicon import in South Korea by country Aug 2022 10
8.5 Ferrosilicon import in the US by country Aug 2022 10
8.6 Russian ferrosilicon export by country Jan 2022 11
8.7 Malaysian ferrosilicon export by country Aug 2022 11
9. Relevant Industry News 12
9.1 China to accelerate revision of mandatory energy quota standards for steel, non-ferrous metal and other industries 12
9.2 India cuts export tariff on iron ore 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 12
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 Copyright5 Ferrosilicon 75%min in the US in warehouse Pittsburgh 13 10Asian Metal Copyright