Tag: china ferro silicon prices hold steady amid cautious market sentiment
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China: Ferro silicon prices hold steady w-o-w amid cautious market sentiment
Weak supply recovery limits market downside Steel off-season continues to dampen demand CBC: The Chinese ferro silicon market remained steady, but trading was subdued amid weak demand and cautious sentiment. Steel mill procurement slowed, and downstream margins narrowed. Low operating rates and high production costs limited supply recovery. Grade 72% silicon: Prices remained largely steady…