In November, 2020, China exported 15612.986 tons of ferrosilicon (silicon content > 55%).

In November, 2020, China's export of ferrosilicon (containing by weight less than or equal to 55% of silicon) was 2049 tons.

Tungsten gains slowed

Molybdenum prices up slightly

Vanadium prices rise sharply

Higher raw materials price and bidding price, tight spot and strong futures market, the ferrosilicon spot market remain strong this week.

The 2105 ferrosilicon contract price on ZCE closed at 7200 yuan per ton on December 25.

World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.