Ferro Silicon Price Begin to Raise

               Ferrosilicon market in the tangled for several days the price finally increased, the current market as a whole offer concentrated in the 72 # 4800-4900 yuan / ton, 75 # 5000-5100 yuan / ton, the overall price is at least 100 yuan /Ton. In the overall market operating rate and production is low, the downstream steel prices and magnesium ingots continue to rise and ferrosilicon cost support and other positive factors, ferrosilicon prices ceased to rise.
               Today, large ferrosilicon manufacturers in Inner Mongolia offer 72 # 4900 yuan / ton, 75 # 5100 yuan / ton acceptance tax processing block, compared to last week's offer increased by 150 yuan / ton; Ningxia, Gansu and Qinghai factory offer in the 72 # 4800-4900 yuan / ton, 75 # 5000-5100 yuan / ton, compared with last week's price increase of 100 yuan / ton. At present, the overall market inventory is not large, steel tender in March to continue, the market demand to a certain degree of release, but the environmental review is still grim, the steel industry and foundry and other production cuts are still more, the overall demand is difficult to rebound. But the factory is currently looking forward to strong feelings, for the development of the market outlook, is still bullish majority.