Monthly Ferrosilicon Market Report Sep 2026

In September, China's ferrosilicon market moved from weakness to stability. Early in the month, softening semi-coke and slowing buying activity pushed mainstream 72%min prices down by RMB250/t (USD37/t), with 75%min following the same path as buyers purchased on schedule.Asian Metal Copyright Rising costs and tightening supply drove mainstream ferrosilicon prices upward, with Indian buyers purchasing steadily.Asian Metal Copyright By the second half, the decline halted—steady procurement and suppliers' reluctance to accept further cuts kept prices largely firm.Asian Metal Copyright Export markets mirrored domestic softness before finding footing.Asian Metal Copyright Export markets mirrored domestic softness before finding footing.Asian Metal Copyright Europe stayed subdued—cautious buying kept spot activity thin and price competition intense.Asian Metal Copyright For 72%min, downward domestic prices and sluggish foreign buying kept spot activity thin and quotes declining, before flattening late in the month on steady purchases.Asian Metal CopyrightIn September, China's ferrosilicon market moved from weakness to stability.Asian Metal Copyright The 75%min export segment traced a similar arc: early declines on cautious buying gave way to stability as market movements normalized.Asian Metal Copyright By the second half, the decline halted—steady procurement and suppliers' reluctance to accept further cuts kept prices largely firm.Asian Metal Copyright Regionally, India diverged.Asian Metal Copyright The US market held flat, with buyers purchasing as scheduled.Asian Metal Copyright Rising costs and tightening supply drove mainstream ferrosilicon prices upward, with Indian buyers purchasing steadily.Asian Metal Copyright For 72%min, downward domestic prices and sluggish foreign buying kept spot activity thin and quotes declining, before flattening late in the month on steady purchases.Asian Metal Copyright Europe stayed subdued—cautious buying kept spot activity thin and price competition intense.Asian Metal CopyrightIn September, China's ferrosilicon market moved from weakness to stability.Asian Metal Copyright The US market held flat, with buyers purchasing as scheduled.Asian Metal Copyright The US market held flat, with buyers purchasing as scheduled.Asian Metal Copyright