China's ferrosilicon output at a historical low
Oct 20, 2021 16:30
Daily FeSi output among the 136 Chinese smelters Mysteel tracks reached an average of 9,788 tonnes/day on October 15, a historical low since Mysteel commenced tracking the data on July 26 2019. Output has been steadily declining since August 27, mainly due to production curbs in Northwest China's Ningxia and Qinghai, with that between October 1 and October 15 slumping by 1,880 t/d, the data show.
Smelters in Qinghai had been requested to cut production by 60% starting October 11 as part of local government measures to reduce power consumption. Meanwhile, smelters in Ningxia had been asked by their government to halt production for three days from October 14, again as part of power rationing, as