30
May
05:23
Higher cost leads to alloy premium increase
Ferrosilicon futures on the Zhengzhou Commodity Exchange (ZCE) hit limit up on Thursday due to expectation of higher cost and energy consumption constraints. Some steelmakers then lifted their alloy steel premiums.
September ferrosilicon futures on ZCE surged 7.3% on 30 May as the State Council planned to constrain the scale of the semi-coke industry, which is needed to make ferrosilicon, to reduce energy consumption and carbon emissions from 2024 to 2025, Kallani…
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Anonymous
Very good overview of the weekly steel market.
Anonymous