China’s ferroalloys producers likely to slash output amid low demand

China’s ferroalloys market is squeezed due to dwindling demand by steel mills. The ferroalloys association of Qianxi Nanzhou has come up with the following solutions:
1. Scheduled maintenance and production control by industry to reduce output by 60-70%.
2. Maintaining inventory to reduce operating pressure until the market picks up.
3. Making appeals to governing agencies and the power supply department for a favourable power rate.