China: HBIS’s ferro silicon tender price falls, buying rises in June

Major Chinese steelmaker HBIS Group closed the tender for ferro silicon (72%) at RMB 9,600/t ($1,436), down RMB 900/t ($135) from the May’22 price. However, the purchasing volumes increased by 683 t m-o-m to 2,099t for Jun delivery, sources informed.