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Weekly Report of Ferrosilicon Market (May 16-20, 2022)
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This week, the ferrosilicon futures has been shaken and consolidated, with a slight recovery. |
Ferrosilicon futures close at 8820 on May 20, up 1.73%
The 2205 ferrosilicon contract price on ZCE closed at 8820 yuan per ton on May 20. |
Use of Vanadium in Indian Steel Industry: Time for India to transit from R&D stage to Production
Use of Vanadium in Indian Steel Industry: Time for India to transit from R&D stage to Production |
Reduce production Output, Producers expected to save market of ferroalloys
Chinese producers want to cut production volume in order to save price dropping in this week. |
Cut Product Output, save the market of ferroalloys
The prices of ferroalloys dropped over 10% in one week, and the producers of ferroalloys in China discussed online to cut down output by 40-50% right now to save market. details as per |
Quotas may keep EU steel exports to US low
In 2021, US imports of HRC totaled 3.4mnt, with CRC imports at 1.71mn t and HDG imports at 2.69mn t. |
Ferrosilicon futures close at 8776 on May 19, down 0.18%
The 2205 ferrosilicon contract price on ZCE closed at 8776 yuan per ton on May 19. |
Steel industry on path to get stronger
The China Iron and Steel Association's cornerstone plan will also further ensure domestic energy security. |
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