MYSTEEL: China FeSi market braces for 2026 capacity-consumption crunch

China's ferrosilicon (FeSi) market is expected to face challenges in 2026 with the rush of new capacity coming on stream amidst a structural slowdown in steel production the ferroalloy's core consuming sector, Mysteel annual report on the commodity observed.

Major supply pressure will materialize gradually in the second half of 2026, according to the report. Approximately 1.04 million tonnes of new FeSi capacity is slated for commissioning during this year's July-December half, primarily from four large-scale projects. Meanwhile, projects with a higher probability of commissioning in 2026 include delayed