Industry News

Weak demand leads to a decline in the price of ferrosilicon in China This week, the Chinese ferrosilicon market experienced a downturn, and Hainan West Asia Group summarized the following factors as the main factors affecting it:1. The price of ferrosilicon has fallen:...
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Chinese Factory is In Full Swing after the Spring Festival With the end of the Spring Festival holiday in February 2024, Chinese factories have begun normal production. Due to the continuous improvement of production capacity and the resumption of operations...
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2024 China barium silicon price trend The silicon barium inoculating market in 2024 began in the New Year of 2024, and the foundry was slow to resume work, and some manufacturers had started, but were still digesting the inventory before...
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Russian low-carbon ferrochrome suppliers offer significant discounts to the European Union Due to the decrease in the quotation of low-carbon ferrochrome from Russia in the European Union, the overall quotation range of this alloy has decreased, but procurement activities remain weak. The p...
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Ukraine: Ferroalloy production decreased by over 50% in fiscal year 23, with uncertain prospects According to a survey by Hainan West Asia Group, the production of Ukrainian ferroalloy manufacturers decreased significantly by 57% in 2023 compared to the previous year.This significant decline is m...
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China’s Belt and Road Initiative will boost ore exports China’s One Belt, One Road policy, a signal of China’s positive response to countries around the world in the context of increasingly close global cooperation.For example, the construction of the West...
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China's ferrochrome output increased slightly in January According to Hainan West Asia, China's high-carbon ferrochrome production increased slightly to 63.56 in January 2024, an increase of 8,700 tons month-on-month, an increase of 1.39%; a year-on-year in...
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Taiwan market: Ferroalloy imports increased by 50% month on month in January 2024 According to Hainan West Asia Group’s research of Taiwan Market.Manganese alloy imports increased by 81% month on month in January 2024Taiwan's manganese alloy imports increased by 81% month on month...
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China’s calcium silicon usher in pre-holiday purchasing peak As the Spring Festival holiday approaches, many Chinese calcium silicate factories are clearing their inventories, and some factories have begun to take holidays one after another. The volume of expor...
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Ferrosilicon Weekly The Chinese Spring Festival holiday in 2024 is approaching, logistics and transportation are gradually suspended, and transportation costs are soaring before the festival, resulting in cold market inq...
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China and Singapore will exempt each other from visas starting from 9 February Representatives of the Government of the People's Republic of China and the Government of the Republic of Singapore signed the Agreement between the Government of the People's Republic of Chin...
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EU ferro chrome market trading activity improves slightly In the field of chrome alloys, purchasing activity has recovered slightly amid higher prices for a variety of products and concerns over limited supply due to logistical difficulties with Asian suppli...
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Will the price of ferrosilicon in China rise or fall? Due to the continuous delay in procurement inquiries, the price of ferrosilicon in China is currently stable.The trend of spot prices of ferrosilicon is limited and still in a stagnant state. The purc...
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US basic alloy market prices rise In January 2024, due to delays in the supply of foreign alloys due to difficulties in accessing the Panama Canal, U.S. manganese alloys and ferrosilicon showed an upward trend. But at the same time, s...
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European Electrolytic Manganese Flakes Market Is Slow. Due to the inactivity of most downstream customers, some suppliers have had to reduce prices to stimulate sales. Therefore, the current mainstream price for Electrolytic Manganese Flakes 99.7%min is $...
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Fastmarkets Asia Ferroalloy Conference 2024 We will be here at The Asian Alloys Conference in Hong Kong in February from the 26th to the 28th.Sincerely invite you to have a face-to-face meeting here!Hainan West Asia Import & Export Group Co., L...
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Short-term industrial silicon prices are expected to rise In 2024, with the steady improvement of aluminum alloy and silicone demand, industrial inventories are expected to fall to a low level, and the continuous release of just need will push up the price o...
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After Bhutan proposes a new proposal, the price of Indian ferrosilicon has risen Main influencing factors:Bhutan reports an increase in electricity pricesThe growing demand in EuropeAccording to a survey by Hainan West Asia Group, compared to the previous evaluation on January 1st...
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Market Review of Silicon Metal for this Week Supported by tight supply in the southern regions, the prices of Silicon Metal in the Chinese market showed a slight upward trend this week, but the market demand remained sluggish, leading to limited...
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China’s electrolytic manganese production decreases in December2023 In December 2023, China's electrolytic manganese output was 97,500 tons, a month-on-month decrease of 0.29% and a year-on-year increase of 12.11%. China's total electrolytic manganese output f...
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