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Weekly Commentary on Ferrosilicon Market (12.2-12.6)

This week, the tender notices of steel mills released in succession, with the volumes up and the prices down as a whole.

Friday, December 6, 2019

Brazilian miner Vale plans exit from steel joint ventures

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

Friday, December 6, 2019

Ferrosilicon Daily Express 12.5

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

Friday, December 6, 2019

Ferrosilicon futures 2001 contract closed at 5740 on Friday December 6

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Friday, December 6, 2019

Vietnam's steel products experience slow consumption in October

Vietnam's consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).

Friday, December 6, 2019

Vietnam's industrial production index’s expansion slows down in November

The IIP decreased by an estimated 1.6 percent compared to last month.

Friday, December 6, 2019

Ferrosilicon Daily Express 12.6

Vale said it plans a "coordinated exit" for its steel joint ventures, in an investor presentation this week.

Friday, December 6, 2019

Ferrosilicon futures 2001 contract closed at 5748 on Thursday December 5

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Thursday, December 5, 2019
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