The recent stable adjustment of the ferrosilicon market operation, as near the end of the month, steel inquiries gradually active (it is reported that some steel mills ferrosilicon bidding bids are concentrated in the vicinity of 7250-7300 yuan/ton), ferrosilicon market in the case of cost support, coupled with the factory inventory is not much, low-cost shipment willingness is more limited. However, the recent market resumption of production news continues, in the "gold nine silver ten" traditional consumption season approaching, the market is expected to be more cautious. In the short term, before the new round of steel tone is clear, the short-term ferrosilicon market or consolidation operation, but also need to pay attention to the impact of futures plate volatility on market trading.
Aug 24, 2023
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