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[Ferro-alloys.com] Recently the bidding price of steel mills dropped abruptly, undoubtedly this trend worsens the conditions of small and medium-sized enterprises. These enterprises usually lack of regular client resources and face the tight capital flow especially when the whole market is in slump. It is reported that one ferrosilicon producer in Inner Mongolia intended to halt ferrosilicon production. And he said that he had no other choices. While as for the large ferrosilicon enterprises, their reaction is relatively calm. According to one ferrosilicon producer in Gansu, this is the market consolidation and the market always runs in the way that the fittest survives. The interviewed manager responded that their production plan was hardly affected by this downtrend. Many steel mills released their bidding price in succession and downward trend dominated. At present, the steel mills undertake full-scale biddings while the ferrosilicon producers respond calmly.

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• [Editor:Chen Lian Hai]