Russian Nornickel expects primary nickel demand rise to 3.35mn t in 2023.

The spot transaction was not that good, the quotation changed little, and the operation was weak and stable.

However, considering the factors such as the gradual resumption of construction and other terminals and the expected good demand for replenishment after the festival, the ferrosilicon market was expected to rebound.

This week, Ferrosilicon Futures stopped falling and rebounded all the way up, with a strong trend.

One plant met accident last Friday in Shanxi, China and the explored reason has not been released yet..details will be reported

The Ferrosilicon Futures continued to fall this week. The spot quotation has not changed much, maintaining a relatively firm and stable operation.

In December, the inventory was still tight. Under the environment of better profits, the production remained stable, with high enthusiasm.

Ferrosilicon Futures fell significantly this week, driving market sentiment to become increasingly pessimistic.