The 2109 ferrosilicon contract price on ZCE closed at 8282

The company plans to ramp up its production in stages, given the constrained manpower environment and its focus on prioritising employee safety.

The company plans to ramp up its production in stages, given the constrained manpower environment and its focus on prioritising employee safety.

News that several major producers had withdrawn from spot trading due to supply shortages has further strengthened China’s spot ferro-chrome market, sending spot prices in the week to Tuesday June 29 to their highest point since April.

Ferroalloys Futures Daily Report (7/6/2021).

The high-grade manganese ore market rose as a result of buyers booking August-shipment material at higher prices compared with the previous month.

The bullish momentum in China’s stainless steel market in the first half of 2021 will likely extend into the third quarter.

The company plans to ramp up its production in stages, given the constrained manpower environment and its focus on prioritising employee safety.