Jun. 15, 2025: Ferrosilicon Latest News

Ferrosilicon (6672, -28.00, -0.42%) : The mainstream steel subscription price is set, while other steel subscriptions are being carried out successively. The fundamental driving force is limited, and in the short term, it may still mainly follow the overall black market fluctuations. From the perspective of news, the pricing for mainstream steel tenders has been announced. In June, 2,200 tons of 75B ferrosilicon were tendered, an increase of 65 tons compared to May. The purchase price for 75B ferrosilicon in June was set at 5,500 CNY per ton, a decrease of 300CNY per ton compared to May. The volume has increased while the price has decreased. Other steel tenders are being conducted successively. From a fundamental perspective, the number of ferrosilicon producers reducing or halting production has increased recently. Both Inner Mongolia and Qinghai regions have seen ferrosilicon producers reducing or halting production. The weekly output of ferrosilicon has slightly declined compared to the previous period. As of the end of this weekend, the weekly output of ferrosilicon was 95,100 tons, a decrease of 2.3% compared to the previous period. On the demand side, the weekly demand for ferrosilicon from sample steel mills continued to decline, and the rate of decline was gradually expanding, with a decrease of approximately 3.5% this week. There is still room for improvement on the demand side. On the cost side, the overall production cost of ferrosilicon has remained relatively stable recently, but the price of small raw materials for blue carbon has slightly declined recently. In Shaanxi region, the price of small raw materials for blue carbon is 600CNY per ton, a week-on-week decrease of 15CNY per ton. Overall, the recent fundamentals of ferrosilicon have limited overall driving force. However, the gradual reduction in supply has slightly better the performance of ferrosilicon than that of manganese-silicon. It is expected that ferrosilicon will continue to fluctuate at a low level in the short term. Pay attention to the progress of mainstream steel acquisitions and changes in market sentiment.