Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

This was a 9.8% increase from the 2,262,000 permit tons recorded in December and a 12.7% increase from the December final imports total of 2,203,000.

A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.

Ferroalloy output down 12.4% in 2022 in Ordos City, Inner Mongolia.

The 2305 ferrosilicon contract price on ZCE closed at 8068 yuan per ton on February 21.

The 2305 ferrosilicon contract price on ZCE closed at 7888 yuan per ton on February 20.

HBIS Group's tender price for 75B ferrosilicon in February was 8430 CNY/T, down 320 CNY/T from the previous month, less than expected.

The 2305 ferrosilicon contract price on ZCE closed at 7822 yuan per ton on February 17.