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However, considering the factors such as the gradual resumption of construction and other terminals and the expected good demand for replenishment after the festival, the ferrosilicon market was expected to rebound.

In December, the inventory was still tight. Under the environment of better profits, the production remained stable, with high enthusiasm.

The spot price of 72 # ferrosilicon was firm at the end of the month, rising slightly by about 100 CNY/T; And the price of 75 # ferrosilicon declined due to the weakening of the downstream magnesium metal market.

Steel production has declined. The import and export volume of steel products decreased generally.

It was expected that the operation would continue to be weak in the short term.

In September, ferrosilicon transactions improved, supply was getting tight, and the market warmed up.

The traditional peak season in September has arrived, and many people in the industry were optimistic about it.

The domestic ferrosilicon market continued to operate weakly with cost downwards, and Futures fell broke expectations.