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Ferrosilicon market remains down

2016-12-29

     Funding pressure at the end of the year, have to say has already become the important factors influencing the ferrosilicon market clinch a deal, the recent market clinch a deal the price continues to decline, a is due to its own funds and inventory pressure, reduce in one is due to the downstream demand.In brief, under pressure from upstream and downstream, ferrosilicon market recent downward pressure, clinch a deal valence is low.
    At present, the Inner Mongolia regional companies offer in typical steel mills have not come out before the price is still high, small and medium enterprises in baotou clinch a deal the price confusion at present, about ferro silicon  72 # 5900-5900 yuan/ton, 75 # is in 5400 yuan/ton, up and downNingxia region currently manufacturers offer in 72 # 5200-5200 yuan/ton, but there are also part of the price as low as 4900 yuan/ton;Qinghai region are most companies have peak, clinch a deal valence is ferro silicon 72 # below 72, the highest deal is nothing more than is in 5100 yuan/ton;In Shanxi Province at present 75 # iron affected by magnesium metal prices, also continues to decline, the current price is basic in 5400-5500 yuan/ton.
   In terms of the present market situation, estimates that before the Spring Festival will maintain the existing state, with small drop is given priority to, in the cost of support, the crash are also less likely.After ferro silicon market watch factory starts in January and inventory.