US producers claim that the price spread on ferrosilicon sourced from Russia,Kazakhstan, Malaysia and Brazil is as high as 212%, which is seriously damaging the local industry.

Indian ferro silicon (FeSi:70%) prices remained largely stable, with a minor drop by INR 50/t ($1/t) ex-Guwahati and Bhutan.

India: RINL conducts a reverse auction for 1,700 t of ferrosilicon.

Plans to construct a state-of-the-art plant to produce ferroalloys in Ekibastuz, Pavlodar Region, with a production capacity of 80,000 tons of ferrosilicon annually, were announced during a Dec.

China’s ferro-silicon market has displayed weak momentum since the beginning of 2023, with decreasing supplies and demand between January and May 2023.

Brazil’s ferro silicon exports increased by 23% to 17,965 t in Mar 23 compared to 14,554 t in Feb 23.

The total amount of investment will be US$125 million.

Organized by the Silicon Committee of China Ferroalloy Industry Association, the meeting was held in the form of video at 15:00 on November 18, 2022.