The 2305 ferrosilicon contract price on ZCE closed at 8226 yuan per ton on February 23.

The 2305 ferrosilicon contract price on ZCE closed at 8178 yuan per ton on February 22.

Ferroalloy output down 12.4% in 2022 in Ordos City, Inner Mongolia.

Power generation up 12.3% in 2022 in Ordos City, Inner Mongolia.

Coal output up 11.7% in 2022 in Ordos City, Inner Mongolia.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.

This was a 9.8% increase from the 2,262,000 permit tons recorded in December and a 12.7% increase from the December final imports total of 2,203,000.