Prediction
Weekly Report of Ferrosilicon Market (June 6-10, 2022)
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This week, ferrosilicon futures rose first and then declined, and was overall upgoing. |
Ferrosilicon futures close at 9762 on June 9, down 0.27%
The 2205 ferrosilicon contract price on ZCE closed at 9762 yuan per ton on June 9. |
Ferrosilicon futures close at 9902 on June 8, up 4.03%
The 2205 ferrosilicon contract price on ZCE closed at 9902 yuan per ton on June 8. |
India’s May steel exports drop, consumption rises
Finished steel consumption in April-May rose by 10.1pc on the year to 18.5mn t, while production climbed by 7.7pc against the previous year to 19.11mn t. |
Average daily output of crude steel of key steel enterprises rebounded in late May, CISA
In late May 2022, key iron and steel enterprises produced 25.5119 million tons of crude steel, 22.5128 million tons of pig iron and 24.9286 million tons of steel. |
Iran crude steel production estimated to be 2.2 Mt in April 2022, down 20.7%
Brazil produced 2.9 Mt, down 4.0%. Iran is estimated to have produced 2.2 Mt, down 20.7%. |
US domestic raw steel production in the week ending on June 4, 2022 down 3.2 percent
US domestic raw steel production in the week ending on June 4, 2022 down 3.2 percent. |
Japanese scrap exports rise in April
Japan's ferrous scrap exports continued to recover in April on sustained demand from South Korea. |
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