Mar. 12 2025: Ferrosilicon Latest News(6672, -28.00, -0.42%) :On Tuesday, the ferrosilicon contract was shaken and weakened, the main contract closed at 6044CNY/ ton, down 0.13% from the previous month, and the main contract holdings fell slightly from the previous month. The aggregate price of No. 72 ferrosilicon is about 5750-5900CNY/ ton, and the Inner Mongolia region fell by 40CNY/ ton from the previous trading day. Yesterday, the overall trend of the black plate was weak, and the center of gravity of the ferrosilicon futures price fluctuated low. From the point of view of the news, a large steel mill in Hebei announced the iron silicon inquiry price in March, the 75B iron silicon inquiry price of 6150CNY/ ton in March, down 330CNY/ ton from the price in February, the purchase volume of 1883 tons in March, an increase of 423 tons from February, pay attention to the final pricing. From the perspective of supply and demand, most areas of ferrosilicon production are currently in deficit, but the weekly output of ferrosilicon is still relatively stable, and as of last week, the weekly output of sample ferrosilicon enterprises is still 113,900 tons. Demand for ferrosilicon from sample steel mills remains at historically low levels for the same period. Overall, the recent lack of strong support for the fundamentals of ferrosilicon, is expected to be weak and stable in the short term, focusing on mainstream steel pricing and market sentiment changes.
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