WEEKLY: China's FeSi prices lose ground, sales dull

Chinese ferrosilicon (FeSi) prices continued to lose ground during April 1-7, mainly due to dull sales in the physical market and the weakness in FeSi futures, Mysteel Global learned.

As of April 7, the spot price of 75% FeSi under Mysteel's assessment came in at Yuan 5,560/tonne ($814/t) including the 13% VAT, sliding by Yuan 117/t from one week earlier. On the same day, the most-traded FeSi contract on the Zhengzhou Commodity Exchange for delivery in July closed the