Author: himali himali@bigmint.co
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China: Ferro silicon prices stable w-o-w on balanced market fundamentals
Firm cost support offsets muted demand Fresh steel mill procurement holds the key Ferro silicon (Si:75%) prices in China remained unchanged w-o-w at RMB 5,900-6,090/t ($867-895/t) exw, inclusive of taxes. Meanwhile, Si:72% prices were also steady at RMB 5,450-5,550/t ($801-816/t) exw. China’s ferro silicon market remained largely stable as support from raw material and power…