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Ferro-silicon prices in China have been strong with general sentiment quite bullish following news that Ningxia has started a stricter round of production and power cuts, intended to meet the energy consumption dual control targets, and which made spot availability even tighter. In addition, rising ferro-silicon futures, coupled with the elevated Chinese price for magnesium, the key consumer of 75% of ferro-silicon, drove up the ferro-silicon price.

 

Source: Fastmarkets