In the first four months, China's ferrosilicon exports...

In the first four months, China's ferrosilicon exports nearly doubled year-on-year

Demand for Chinese ferrosilicon has grown significantly since the beginning of the year amid the European energy crisis, and later the imposition of economic sanctions on another major supplier, Russia, making Chinese material more attractive.

According to customs statistics, from January to April 2022, China's export volume of ferrosilicon (above 55% Si) was 264,500 tons, an almost doubled year-on-year increase. There has been considerable growth in supplies to Europe and Turkey. In January-April, deliveries to the EU were 12,500 t (vs. 5,000 t in the same period last year) and 19,500 t (300 t) to Turkey. The increase was due to EU producers being forced to reduce output due to the energy crisis. In addition, a significant increase in prices has made the alloy available to the United States. From January to April, shipments to the United States were 12,300 tons (35 tons in the same period last year).

Due to the economic sanctions imposed on Russia in March, China's ferrosilicon exports in April were 75,500 tons, an increase of 63% year-on-year.

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