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 inquiries, rare transactions, and a strong atmosphere of closure. Ferrosilicon offers 72# 1170,75 #1250 today, and magnesium metal: magnesium ingot market is relatively calm, and magnesium factory offers 20000-20100 yuan/ton. The market is closed in a strong atmosphere, downstream enterprises have completed the purchase of goods, inquiries are cold, the overall market has not changed much, and the market has temporarily maintained stable operation. Hainan West Asia Import and Export Group concluded that: At present, the Chinese Spring Festival is approaching, the market is gradually closed, and the turnover of silicon iron inquiries is quiet, and the market slowly transitions before the year, focusing on the performance of the construction after the Spring Festival. For more information about ferroalloys, please pay attention to Hainan West Asia Import and Export Group Co., LTD.