China’s ferro alloys production falls over 10%, m-o-m, in Jul’22

China’s ferro alloys output stood at 2.65 mnt in Jul’22, according to data from the National Bureau of Statistics (NBS), a m-o-m decrease of 11%, as the ferro alloys industry decided to reduce production by 60% to overcome uncertainty and risks in a bearish market. Meanwhile, China’s ferro alloys production fell 9% on the year in Jan-Jul’22.