Monthly Ferrosilicon Market Report Dec 2022

1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.Asian Metal Copyright4 Ferrosilicon import in South Korea by country Sep 2022 10 8.Asian Metal Copyright1 GACC: China's foreign trade value up by 8.6% YOY in Jan-Nov 3
2.1.2 UNCTAD: Global trade value expected to reach USD32 trillion by 2022 3
2.1.3 China to adjust import & export tariffs on some goods from Jan 1 3
2.1.4 Eurasian Economic Union imposes anti-dumping duty on ferro-silico-manganese from Georgia 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 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 Zhongtai ramps up ferrosilicon output 6
4.2 Zhongwei Xinhua decreases ferrosilicon output 6
4.3 Zhongwei Yinhe increases ferrosilicon output 6
4.4 Inner Mongolia Kundaxin to put ferrosilicon furnace into use 6
4.5 Hyundai steel's ferrosilicon purchase price fixed 6
4.6 Dongkuk Steel ferrosilicon tender price fixed 6
4.7 HBIS' ferrosilicon purchase price for Dec fixed 6
4.8 POSCO's ferrosilicon purchase prices fixed 6
5. Producers Statistics 6
5.1 Chinese ferrosilicon producers' operating rate up by 3.19% MOM in Dec 6
5.2 Chinese ferrosilicon producers' output up by 5.66% MOM in Dec 7
5.3 Chinese ferrosilicon producers' inventory down by 10.14% MOM in Dec 7
6. Consumers statistics 8
6.1 WorldSteel: Global crude steel output down by 2.6% YOY in Nov 8
6.2 Japan's crude steel output down by 10.7% YOY in Nov 8
6.4 Worldsteel: global crude steel production down by 3.7% YoY 8
6.4 Chinese magnesium ingot producers' output down by 16.36% MoM in Dec 8
6.5 Chinese foundries' rough ferrosilicon consumption in Dec 8
7 Traders Statistics 9
7.1 Top 15 active Chinese ferrosilicon exporters in Nov selected by Asian Metal 9
8. Customs and statistics 9
8.1 Chinese ferrosilicon export volume in Nov down by 6.Asian Metal Copyright5 Russian ferrosilicon 65%min FOB Russia 5 4.Asian Metal Copyright60%MoM. 9
8.2 Ferrosilicon import in China by country in Nov 2022 10
8.3 Ferrosilicon import in Japan by country Sep 2022 10
8.4 Ferrosilicon import in South Korea by country Sep 2022 10
8.5 Ferrosilicon import in the US by country Sep 2022 11
8.6 Russian ferrosilicon export by country Jan 2022 11
8.7 Malaysian ferrosilicon export by country Sep 2022 12
9. Relevant Industry News 12
9.1 HBIS: Handan Branch's urban iron and steel production capacity closed 12
9.2 China Baowu and Sinosteel Group implement reorganization 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 13
10.2.1 Chinese ferrosilicon 72%min FOB China Inc/Ex-VAT 13
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 Copyright2 Chinese ferrosilicon 72%min Ex-VAT FOB China 4 3Asian Metal Copyright