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After the Silicon market
- Dec 06, 2016 -

2016-10-8: time flies, flashes by, the national day holiday has passed, ferrosilicon for steel price ready after the river market, collecting first day run held steady for the time being.

Steel purchase price:

Shanghai Baosteel 72#5300 Yuan/ton, tax included; CITIC (xingcheng) 72#5250 Yuan/ton, tax included; Wuhan iron and steel 72#5300 Yuan/ton, the tax to Kunming iron and steel 72#5500 Yuan/ton, tax included; he steels 72#5430 Yuan/ton tax to the factory. Received on the first day, mainly to stabilisation of the market, prices did not fluctuate.

Introduction to ferro-silicon:

Ferrosilicon is composed of iron and Silicon Ferroalloy. Ferrosilicon is Coke, iron and steel scrap, quartz (silica) as raw material, made of electric furnace smelting iron-Silicon alloy. Synthetic silica to silicon and oxygen easily, so when the Silicon is used to make steel as deoxidizers and SiO2 generated a lot of heat, reducing at the same time, the increased temperature is also beneficial. Meanwhile, ferrosilicon can also be used as alloying elements to join agent widely used in low-alloy structural steel, spring steel, bearing steel, heat resistant steel and Silicon electrical steel, Silicon iron in Ferroalloy production and the chemical industry, is often used as a reducing agent.