Ferrosilicon market situation is still weak as China’s control degree to high energy-consuming enterprises recently. A lot of small and medium manufacturers offer has been suspended. Northwest offer major quotation price for ferrosilicon75 # is 6500-6600 yuan / ton now, while large manufacturers offer is still strong at 6800-6900 yuan / ton. Ferrosilicon 72 # mainstream price  is 6300-6500 yuan / ton. Export price is also weak with few transactions.

    Domestic ferrosilicon market is enveloped in tariff rising message, and the majority of producers are very worried about the cost rising caused by tariff increase. People are waiting to see and some companies have been suspended from quotation, and some other manufacturers still insist on offer but  take orders cautiously, It is understood that price fluctuations in the domestic ferrosilicon market is not large, and some manufacturers tried to raise the offer, but they worry whether the downstream market can accept it or not, because downstream demand is not strong. Bulk raw materials are in decline, and steel market price is moving down slightly, so it is only can be passed on the downstream market if the market price of ferrosilicon rise 400-500 yuan with tariff. It will inevitably lead to some businesses shut down if ferrosilicon downstream market can not accept it.