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.
The spot price of 72 # ferrosilicon was firm at the end of the month, rising slightly by about 100 CNY/T; And the price of 75 # ferrosilicon declined due to the weakening of the downstream magnesium metal market.