Silicomanganese futures close at 8396 on Feb.28

Broken down by districts, here’s production for the week ending February 19, 2022 in thousands of net tons: North East: 171; Great Lakes: 601; Midwest: 192; Southern: 729 and Western: 71 for a total of 1764.

The country mainly bought steel from China, with 5 million tonnes valued at 4.38 billion USD, accounting for 40.3 percent and 38 percent of the total volume and turnover, respectively.

Note: this release incorporates revisions to data for June through November 2021 released by the U.S. Census Bureau in February 2022.

The 2205 ferrosilicon contract price on ZCE closed at 8780 yuan per ton on February 25.

The 2205 ferrosilicon contract price on ZCE closed at 9322 yuan per ton on February 24.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 155.0 million tonnes (Mt) in January 2022, a 6.1% decrease compared to January 2021.

The 2205 ferrosilicon contract price on ZCE closed at 9372 yuan per ton on February 23.