China Ups Electricity Price For Outdated Steel Plants

High silicon ferrosilicon market runs steadily after Spring Festival Holiday, the offer price doesn’t change a lot as compared to the price before holiday.

the shipment is poor during Spring Festival due to the inconvenient transportation, but most manufacturers have orders, so the inventory is not huge. The price is stable.

At present, high silicon ferrosilicon mainly exists in Ningxia, Gansu, Inner Mongolia and Shaanxi region, and the monthly output is 600-2000 tons. High silicon ferrosilicon price reached the bottom line before holiday, traders purchase actively, the market transaction is positive.

After the electricity price increase, the production cost increased, some manufacturers stopped production in Shizuishan, Ningxia region. But the production and transaction is stable after the Spring Festival Holiday.

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