Ferro Alloy Market Update 11.22

22/11/2024
Read: 44
Share:

Ferro Silicon: ferro silicon prices show a low and strong operation trend, with futures prices rising in a series of small fluctuations, leading to signs of improvement in spot market transactions, some factories have increased their willingness to raise prices, prompting small and medium-sized steel mills to purchase prices slightly higher, only due to the lack of demand in the off-season, will restrict the market rise space.

Magnesium metal: Magnesium metal market is still weak, although the overall pace of price decline has slowed down, it has not yet reached the bottom of the decline to stabilize, downstream procurement and operations are still cautious, the development of supply and demand situation still needs to be further adjusted, and the overall market risk still exists.

Silicon metal: silicon metal prices remain weak and stable consolidation, the weekly market has no obvious signs of volatility, due to the relatively tight industry capital chain at the end of the year, resulting in significant resistance to the rise of silicon prices, the deadlock game state between supply and demand has not changed, and the short-term market volatility is limited.

Electrolytic manganese flakes: electrolytic manganese market continues to show weak forward, once again fell to the lowest price level of the year, at the end of the month and the end of the capital chain tightening expected pressure, more players for the future market still have weak psychological expectations

Whatsapp: +86 17637210171
Tel: +86 18821346688
info@hnxyie.com