Commodity News
SunSirs: In the First Ten Days of April, the Ferrosilicon Market was Generally Down
April 11 2023 10:34:26On April 10, SunSirs' benchmark price for ferrosilicon was 7571.43 RMB/ton, which was -0.28% lower than that at the beginning of this month (7592.86 RMB/ton).
Generally speaking, the ferrosilicon market is going down, traders' purchasing sentiment is lowered, steel mills will also intentionally curb purchasing efficiency, and the inventory will remain low. The price of ferrosilicon is weak, and the market as a whole is on the sidelines. Next week, the market will digest inventory and steel mills will concentrate on bidding. It is expected that the spot price of ferrosilicon may run weakly and stably.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2023-06-02 SunSirs: Increasing Inventory in Ferroalloy Production Areas to Meet the Diversified Needs of the Industrial Chain
- 2023-05-30 SunSirs: Weekly Report of Ferrosilicon Market (5.22-5.26)
- 2023-05-29 SunSirs: Weekly Report on Silicomanganese Market (5.22-5.26)
- 2023-05-16 SunSirs: Bureau of Statistics: China's Daily Crude Steel Production in April was 3.088 Million Tons
- 2023-03-23 SunSirs: The Ferrosilicon Market Presents a Situation of Oversupply
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