Latest ferrosilicon prices in China can be found here daily.
https://www.shangjia.com/qihuo/guitie/
Some interesting info from mysteel which I've translated from Chinese. Shows that OM Sarawak is struggling with supplying demand, this is obviously due to FeSi furnaces under maintenance. OM Sarawak will grab this business back as soon as maintenance is complete. I must say, I always thought converting existing FeSi furnaces to Si furnaces was foolish, especially now when the lost production could've easily have paid for NEW Si furnaces. With LMG planning a 100,000 tonnes magnesium plant in Sarawak, OMH will need to build more FeSi furnaces to be able to supply customers.
Quote from MYSTEEL
The main exporting countries of ferrosilicon in the international market are China, Russia, Ukraine, Norway, Brazil, and Malaysia. Among them, the export destinations of Ukraine, Norway, and Brazil are mainly concentrated in European and American countries, while the target markets of Malaysia, Russia, and China are basically the same. , concentrated in Asia, especially East Asia. The average monthly import of ferrosilicon in Japan is about 35,000 tons, and the average monthly import of ferrosilicon in South Korea is about 20,000 tons, of which the amount of ferrosilicon from Russia is nearly 20,000 tons. Affected by the conflict between Russia and Ukraine, this amount needs to be Looking for supply places again, Europe and the United States also have a lot of demand to transfer to Brazil, Malaysia, Norway and other countries. In Japan, Japan announced sanctions against Russian companies and government officials, which may lead to the interruption or reduction of ferrosilicon trade between Russia and Japan, which will cause many Japanese orders originally going to Russia to be transferred to China, Brazil, and Malaysia. Considering only the transportation distance, Japan and South Korea are more inclined to supplement this part of orders in China and Malaysia, and Malaysia’s OM production is limited, it is difficult to meet the demand of Japan and South Korea, so most of the orders may go to China. Compared with previous years, the export volume showed an upward trend.
