WEEKLY: China's FeSi prices remain firm on cost support

Chinese ferrosilicon (FeSi) prices strengthened further overall during the week of May 20-26, mainly thanks to firm cost support from higher prices of raw materials such as semi-coke, Mysteel Global learned.

On May 26, the spot price of 75% FeSi was assessed by Mysteel at Yuan 5,641/tonne ($831/t) including the 13% VAT, higher by Yuan 31/t from one week before. Domestic semi-coke prices strengthened due to the widespread suspension of coal mining operations in North China's Shanxi for safety inspections, the