Ferrosilicon bidding situation slightly general short-term market or difficult to have large fluctuations

Looking forward to, a large steel group in North China yesterday launched a new round of ferrosilicon bidding, most eyes in the industry focused on this, the overall wake-and-see atmosphere significantly increased. However, as far as the post-holiday market situation is concerned, the futures market is obviously turning red, superimposed with the major steel mills a new round of ferrosilicon bidding prices have been started and finalized, the overall demand or usher in a wave of release and the cost side still has some support, the industry confidence is slightly restored, and yesterday's black overnight market turned red, today's market trend or still can be expected. However, in the case that the bidding situation has been introduced, the performance is slightly general, and the operational attitude of buyers is still to be improved, the overall operation still needs to be cautious.