February 2019 | Ferro-alloys
Prices stabilizing, with upward momentum expected in the near term: Silicon Metal Highlights
China’s export price has also been getting support from steady domestic ex-works quotations because most refiners in southern China have cut production due to higher electricity costs in the dry season.
Chinese silicon metal prices held steady in quiet post-Lunar New Year trading, with few buying inquiries and even fewer trades. Exporters have been waiting for Japans quarterly tenders expected in the next couple of weeks. Japanese traders and downstream consumers started to inquire for purchases through tenders in mid-February with the purpose of feeding domestic secondary aluminium alloys demand for the first quarter. The final prices for a couple of tenders will be decided by...
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