Silicomanganese futures close at 8642 on Apr.1

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Nanjing Iron and Steel Group released supplement to the 75B ferrosilicon tender in April with the price of 9840, 9850 and 9880 yuan per ton.

The 2205 ferrosilicon contract price on ZCE closed at 9984 yuan per ton on March 31.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,339,000 net tons (NT) of steel in February 2022.

In the week ending on March 19, 2022, US domestic raw steel production was 1,742,000 net tons while the capability utilization rate was 80.2 percent.

China silicomanganese exports in Jan-Feb 2022 by country/region.