Today’s main production areas 72 iron silicon natural block cash including tax factory 6150-6200 yuan/ton, 75 iron silicon natural block 6400-6600 yuan/ton. Anyang Trade market 72 iron silicon natural block excluding tax price of 5950-6050 yuan/ton, 75 iron silicon natural block excluding tax around 6200-6300 yuan/ton.
Supply: The production supply of manufacturers is relatively stable, the output is slightly tightened, but the current social inventory is higher, the resource circulation is abundant, and there is no shortage of certain specifications of resources.
Demand side: some steel mills in April steel recruitment basically ended, the latest steel recruitment: in April 2024 Jianlong Group silicon bidding price: Shanxi 6450 yuan/ton, the number of 600 tons; Hebei 6420 yuan/ton, quantity 600 tons; Jilin 6680 yuan/ton, quantity 175 tons; Heilongjiang 6700 yuan/ton, quantity 350 tons; The total bid volume of 1725 tons was accepted and delivered to the factory including tax. Nanjing Iron and Steel, Xinyu Iron and Steel and eight steel and other large steel mills are also bidding to enter the plant. The silicon iron market has turned better, some trading companies have also delivered more orders on hand after leaving the market, market inquiries and transactions are general, traders also have high inventories, procurement intention is not big.
Summary: In the case of high production costs of ferrosilicon, the enthusiasm of steel mills to replenish stocks is OK, so in the short term, it is expected that the price of ferrosilicon will continue to maintain a stable operation.
