The rise in ferrosilicon was mentioned on the 12th, but fortuitously, the Chinese offer additionally has risen by $ 100 on the 12th to over $ 1,700 ( 75% min). Even ferrosilicon battle-hardened traders cannot hide their surprise at this amazing rise. Along with this, magnesium using ferrosilicon as an auxiliary raw material also exceeds $ 3,000/t. Looking at the correlation graph below, the rise in ferrosilicon and that of the magnesium market are in perfect synchronization.

This article is for members only. You can read the rest after application confirmation.

Register now Login

Related articles