We're pleased to provide the latest update on the China Ferro Silicon market as of April 18, 2024.
As of the latest data, the daily output of ferro silicon stands at 13,403 tons, marking a notable increase of 225 tons compared to the previous period. The futures market has shown slight fluctuations with an upward trend, contributing to improved sentiment in the spot market. Consequently, factory quotations have seen an uptick, leading to heightened market inquiry and transaction activity. Additionally, small and medium-sized factories have begun to secure production orders, signaling a reduced willingness to ship at lower prices.
Based on current trends, the short-term outlook for ferro silicon appears stable, exhibiting medium to strong strength.
We are well-prepared to meet every customer's ferroalloy needs. If you have any questions or need more information, please feel free to contact us.
For inquiries or further information regarding magnesium procurement and market trends, feel free to contact us at jscferroalloy@jscferroalloy.com. Stay informed with the latest updates!
Keywords: Ferro Silicon, Ferrosilicon, FeSi, FeSi 65, FeSi 72, FeSi 75, Ferro Silicon Market, Steel mills
