Under cautious market prospects, the price of ferrosilicon in China remains stable

The market price of ferrosilicon remained flat this week and did not show significant fluctuations. Ferrosilicon futures rose slightly, but actual trading was not active. Traders remain cautious about the market outlook.

In the short term, the ferrosilicon market may remain stable and remain at similar levels. According to some prospects in the steel industry, there may be some price fluctuations.

Hainan West Asia Group Prediction:

The factors that need to be noted are the supply and demand of silicon steel and the price of raw materials. In the long run, the market situation should stabilize and the price of ferrosilicon may remain stable