This week, Si products were still in tight supply on spot market. Most orders kept producing based on the orders and there were few inventories to buy.

CaSi transaction had less change on spot market. Most orders were from old clients and there were few new orders to get. In terms of production,

[Ferro-alloys.com] Because of the continued conflict between Russia and Ukraine and US’ sanctions against exports of some Russian commodities, ferroalloy consumers especially ferrosilicon consumers might turn to other production countries for the materials so...

[Ferro-Alloys.com]Chinese FeMo60 price kept steady. After May 1st holidays, many steel mills consecutively took tenders, improving bids for FeMo60 to RMB-/mt by acceptance.

Although Si price dropped, the real transaction was not that active on export market. According to one exporter, inquires for Si products increased recently

EMM market in China was stable after Labor Day Holiday and procurement was all right. I

FeSi Market was Likely to Run Stably in China in Early May

According to the latest tender price of the major steel mills, the prices were further cut down by RMB50-100/mt. What’s worse, many of them reduced the purchasing volume or even stopped the purchasing of May.