In the recent week,the price of ferrosilicon in China has increased $100 per ton
Last few days,China ferrosilicon price rising,ferrosilicon price rised 100 usd in China
Recently,China’s steel-making demand has gradually getting recovered. Due to the epidemic control and transportation restrictions in the some production area,semi-coke price is being rised.And the low profits of ferrosilicon enterprises at present,they are on the sidelines of future market conditions.Ferrosilicon enterprises that previously reduced production capacity are cautious and have low willingness to increase production.
The recent quotation of China ferrosilicon 72 has increased by 600-700 yuan, almost reaching 100 US dollars.
We believe that the price of ferrosilicon will continue rise for a period of time.The production capacity previously closed by some ferrosilicon enterprises has not been restored yet,and the cost of semi-coke continues to increase.If the steel demand is good from September to October,the price of ferrosilicon may continue to rise.
Ferrosilicon price rised 100 usd in China in last week,China ferrosilicon price rising.
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- It has supplied various types of ferrosilicon raw materials to many large steel mills in China, as well as foreign large steel mills and foundries to meet the needs of various types of steel production.For more information or price about ferrosilicon,you are welcomed to contact us at info@brightalloys.com.