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Mar 19, 2025

Analysis of Recent Trends in Ferroalloy Prices Across Key Markets - News and Statistics - IndexBox

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform. Spot prices for ferrosilicon (75%) in China experienced a slight decline in early March, dropping

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

Spot prices for ferrosilicon (75%) in China experienced a slight decline in early March, dropping by $7/t to $870/t EXW, as reported by BigMint. This downturn in prices has been accompanied by a cautious market sentiment amidst concerns over potential uncertainties. Additionally, futures prices for May delivery on the Zhengzhou Commodity Exchange fell by $11/t to $828/t.

The uncertainty stems from the National Reform Commission's decision to close 50 million tonnes of steelmaking capacity this year, though details of the implementation remain unclear. Traders are expecting only a minor adjustment in the Chinese ferrosilicon market shortly.

Adjacent markets are also witnessing fluctuations. In India, silicomanganese (53%) prices declined by $16/t to $963/t EXW Durgapur after a growth in February. Meanwhile, ferrochrome offers (60%) saw a marginal increase of $3/t to $1,164/t EXW Durgapur, largely due to Vedanta's purchasing strategy at the auction held on March 7, with a significant batch acquired at $1,149/t EXW Durgapur.

Across Europe, the situation paints a different picture. Offers for ferrosilicon (75%) rose by $40/t since mid-February, reaching $1,384/t SFR Rotterdam. However, this hike doesn't align with actual market dynamics. American analyst A. Patrick explains, "Many large sellers are endeavoring to raise prices, claiming financial losses per sale, yet buyers show little interest."

This fluctuation in the Chinese and European markets is further complicated by sluggish steel demand, leading to decreased ferroalloy demand. A surplus in supply, coupled with weak end-consumer demand in Europe in 2024, has induced a price drop early this year.

Meanwhile, in Ukraine, the ferroalloy industry's production and mining sites remain non-operational due to proximity to conflict zones and high electricity prices, even though metallurgical plants continue to function under similar circumstances.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ferro-silicon market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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