Industry News

Global Iron Ore Supply and Demand Situation Analysis 2023
Global Iron Ore Supply and Demand Situation Analysis 2023
Dec 15, 2023

Global iron ore shipmentsAccording to data from the World Steel Association, from January to September 2023, the cumulative global iron ore shipments were 1.152 billion tons, an increase of 30.43 mill...

Kazakhstan will build a new ferrosilicon factory
Kazakhstan will build a new ferrosilicon factory
Dec 08, 2023

Kazakhstan plans to build a new factory with an annual output of 80000 tons of ferrosilicon in the city of Ekibastuz. The project was announced at a meeting of the National Economic Modernization Comm...

Annual ferrosilicon summary
Annual ferrosilicon summary
Dec 01, 2023

Early this year, ferrosilicon futures completed the main contract change month, driven by the strong rise in the price of black metal, ferrosilicon tray with the rise, 72# market price to follow the p...

The EU minor metal market is showing a multi-directional trend
The EU minor metal market is showing a multi-directional trend
Dec 01, 2023

Multiple traders restocked their molybdenum product inventory, and their prices began to rebound after a rapid decline at the beginning of the week. The ferrovanadium market is still not active.The qu...

Oversupply is hard to match by replenishing inventory
Oversupply is hard to match by replenishing inventory
Nov 17, 2023

In the third quarter of this year, with the recovery of commodity prices in the steel industry chain, the price of ferroalloy has rebounded, which makes the profit of the ferroalloy industry chain bet...

Demand for chromium series in India continues to increase
Demand for chromium series in India continues to increase
Nov 21, 2023

After eight years of hard work, India will become the world's second largest steel producer in 2022. India plans to reach per capita steel consumption of 160 kilograms in fiscal year 2031. The prosper...

Ukraine's Zaporozhye ferroalloy plant halts production for winter
Ukraine's Zaporozhye ferroalloy plant halts production for winter
Nov 21, 2023

Another large ferroalloy producer in Ukraine, Zaporizhzhia Ferroalloys Plant, will suspend winter production activities due to existing threats of supply disruptions to some resources and reduced dema...

Oversupply of ferroalloy downward probability is greater
Oversupply of ferroalloy downward probability is greater
Nov 21, 2023

Ferroalloy Chinese futures prices began to fall after the end of the National Day holiday. On October 20, the closing price of manganese silicon main contract 2312 fell 2.4% to 6842 yuan/ton. Ferrosil...

China's silicon metal production cuts may expand
China's silicon metal production cuts may expand
Nov 21, 2023

At present, in terms of metal silicon, the spot market price in China is stable and the market transactions are relatively average.Looking at the market outlook, on the supply side, production capacit...

China's ferrosilicon production in September decreased by 0.4% month on month
China's ferrosilicon production in September decreased by 0.4% month on month
Nov 21, 2023

The production of ferrosilicon (FeSi) in 136 Chinese smelters surveyed on a monthly basis decreased slightly in September, following the growth recorded in the previous two months. The total productio...

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