On March 20, the benchmark price of ferrosilicon in Sunsirs was 7592.86 RMB/ton, which was -2.71% lower than that at the beginning of this month (7804.29 RMB/ton).

At present, the ferrosilicon market is in a situation of oversupply, the performance of domestic and foreign demand is average, and the speed of steel mills' destocking and the increase in output have no obvious driving effect on ferrosilicon. Although manufacturers have cut production for maintenance, the market is under high inventory, and in the short term The silicomanganese market still maintains a weak and volatile operation.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.