Hebei Iron and Steel (HBIS) has set its May’24 ferro silicon (Si:72%) bid price at RMB 7,300/t ($1,011/t) DAP, including taxes, up RMB 700/t ($97/t) m-o-m. This increase may be attributed to rising domestic prices amid tight supplies. Bidding volume, however, remained unchanged m-o-m at 1,516 t. Currently, ferro silicon (Si:75%) in Inner Mongolia is priced at RMB 7,350/t ($1,017/t) exw.
