Analysis of China's ferroalloy market, April 21

[Ferrosilicon] The ferrosilicon market is operating cautiously, awaiting pricing from Hebei Iron & Steel. In the main production area of ferrosilicon, the price of 72% ferrosilicon natural lump with tax included is quoted at 5500-5600 yuan/ton ex-factory, while the price of 75% ferrosilicon is quoted at 6050-6100 yuan/ton

[Magnesium Metal] The overall magnesium metal market remains weak and stable, with downstream customers gradually adopting a wait-and-see attitude. The market performance is relatively calm, with transactions being average. The mainstream ex-factory cash price (including tax) for 99.90% magnesium ingots in Shaanxi is around 16,600-16,700 yuan/ton.