Tag: Chinese ferro silicon market struggles with low demand and shrinking profit margins

CBC: Ferro silicon prices remained largely stable w-o-w on weak market Sentiment and high supply. Grade 72% silicon: Prices edged down by RMB 100/t ($14/t), with ex-factory, tax-inclusive quotes at RMB 6,030-6,220/tonne (t) ($832-858/t). Grade 75% silicon: Prices were unchanged for this grade, with quotes at RMB 6,590-6,780/t ($909-936/t). Shrinking profit margins: The ferro silicon…