| Spot prices of 75%-Si ferrosilicon in Asia held steady this week amid thin trade, industry sources said Thursday. Platts assessed the Chinese spot price for 75%-Si ferrosilicon at $1,210-$1,250/mt FOB China Thursday, unchanged from the previous week, while the Japanese spot import price was kept steady at $1,160-$1,220/mt CIF Japan Thursday.
Chinese producers said supply in the domestic market remained tight on production stoppages in the country, providing some support to the domestic price, while overseas buying interest stayed weak, exerting pressure on export offers...............................................Full Article: Source |