ZCE FeSi and SiMn contract prices soar
The ZCE’s ferroalloy contracts took off today. The September ferrosilicon contract was up rmb 200 at the settlement to rmb 7,340 per mt on 286,606 contracts changing hands, while the silicomanganese contract was up rmb 214 to rmb 8,412 per mt on trading of 145,824 September contracts.
GMC better buy its FeSi needs shortly
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