China’s Ferro Alloy Market Wakes Up

In December 2022， the ferroalloy market is expected to break out, paying attention to business opportunities Ferroalloy market is strong, steel plant replenishment critical period Positive policies continue to be introduced and steel mills replenishment of less than expected good news, the ferroalloy market is expected to reach this round of rise. This week, molten iron production fell more than expected, the latest data daily average molten iron production of million tons, the cumulative decline reached 7.5%, steel mill profit margin maintained a low 22.5%. The weakening of production intensity and profits has led to the reduction of ferroalloy consumption and the replenishment of steel plants. From mid-December to the Spring Festival, the consumption demand for ferroalloy in steel mills will not decline. Considering that the profitability of steel mills is still weak, the seasonal demand is small and it is difficult to change the current situation, steel mill consumption demand