This week, the ferrosilicon market continued to operate steadily, the supply side was generally stable.

The 2301 ferrosilicon contract price on ZCE closed at 8560 yuan per ton on December 15.

Ferrosilicon Tender Information in December, 2022 (Dec 16, 2022).

The 2301 ferrosilicon contract price on ZCE closed at 8660 yuan per ton on December 15.

Compared with the prior month, the CPI rose by 0.1pc in November on a seasonally adjusted basis, slowing from 0.4pc in the two prior months and well off a peak of 1.3pc in June.

There's been a peak in terms of the investment cycle over the last 30 or 40 years as the coal business internationally has gone through an expansion in various places.

Brazil's total installed generating capacity rose to 188.2GW as of 9 December.

HRC lead times in the Midwest were flat at 4-5 weeks.