Monthly Ferrosilicon Market Report Jan 2023

Contents

1. Market Highlights 3
2. Economy and Policy 3
2.1 Chinese Economy and Policy 3
2.1.1 GACC: China's total foreign trade value exceeds RMB40 trillion for first time 3
2.2 Ineternational Economy and Policy 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 3
3.2.1 Chinese ferrosilicon 72%min FOB China 3
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 4
3.3.1 Ferrosilicon 75%min in Europe in warehouse Rotterdam 4
3.3.2 Ferrosilicon 75%min in the US in warehouse Pittsburgh 4
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 5
4.1 Zhongwei Yuexin resumes ferrosilicon production 5
4.2 South Korean Hankook's ferrosilicon purchase price fixed 5
4.3 HBIS' ferrosilicon purchase price for Jan fixed 5
4.4 South Korean KISCO's ferrosilicon purchase price fixed 6
5. Producers Statistics 6
5.1 Chinese ferrosilicon producers' operating rate up by 4.84% MOM in Jan 6
5.2 Chinese ferrosilicon producers' output up by 2.94% MOM in Jan 6
5.3 Chinese ferrosilicon producers' inventory up by 43.59% MOM in Jan 6
6. Consumers statistics 7
6.1 Worldsteel: Global crude steel output down by 10.8% YoY 7
6.2 Japan's crude steel output down by 10.7% YOY in Nov 7
6.4 China's crude steel production down by 2.1% YoY in 2022 7
6.4 Chinese magnesium ingot producers' operating rate up by 0.91% MoM in Jan 7
6.5 Chinese foundries' rough ferrosilicon consumption in Jan 8
7 Traders Statistics 8
7.1 Top 15 active Chinese ferrosilicon exporters in Nov selected by Asian Metal 8
8. Customs and statistics 8
8.1 Chinese ferrosilicon export volume in Dec up by 2.Asian Metal Copyright8% YoY 7 6.Asian Metal Copyright52%MoM. 8
8.2 Ferrosilicon import in China by country in Dec 2022 9
8.3 Ferrosilicon import in Japan by country Oct 2022 9
8.4 Ferrosilicon import in South Korea by country Oct 2022 9
8.5 Ferrosilicon import in the US by country Oct 2022 10
8.6 Russian ferrosilicon export by country Jan 2022 10
8.7 Malaysian ferrosilicon export by country Sep 2022 11
9. Relevant Industry News 11
9.1 USITC determines to maintain antidumping duties on rebar from Japan, Taiwan and Turkey 11
9.2 GACC: China's steel product exports up by 0.9% YOY in 2022 11
10. Market Outlook for Next Month 11
10.1 Chinese market 11
10.1.1 Ferrosilicon 72%min EXW D/P 11
10.1.2 Ferrosilicon 75%min EXW D/P 11
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 12
10.2.6 Ferrosilicon 65%min in Russia in warehouse 12
10.2.7 Russian ferrosilicon 65%min FOB Russia 12


.Asian Metal Copyright5 Chinese foundries' rough ferrosilicon consumption in Jan 8 7 Traders Statistics 8 7Asian Metal Copyright