China: Ferro silicon prices fall by RMB 4,650/t ($726), w-o-w

Ferro silicon prices in China have fallen significantly of late. This is due to recovery in production after the Chinese government eased the dual control policy, which facilitated power availability for smelters, thereby increasing ferroalloys output. Ferro silicon prices have crashed to RMB 10,250/t exw ($1,600) from RMB 14,900/t last week in Inner Mongolia, Qinghai and Shanxi provinces.