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The decline in silicomanganese (SiMn) production in China continued in August, with the total tonnage down for the second month by 36,240 tonnes or 4.7% on month at 728,080 tonnes, the lowest since May 2024, according to Mysteel's latest survey among the 187 Chinese SiMn smelters it tracks.
South Africa exported 2.65 million tonnes of chrome ore in July, up 10.3% month on month and marking a sharp rise of 19.5% year on year, the latest South African Revenue Service (SARS) data show.
South Africa exported 97,656 tonnes of high-carbon ferrochrome (HC FeCr) in July, marking a significant decline of 20.8% month on month and 19.6% year on year, according to the latest data from the South African Revenue Service (SARS).
Two major Chinese stainless steel mills have lowered their procurement prices for high-carbon ferrochrome (FeCr) under long-term contracts for September delivery by Yuan 100/tonne ($15/t), Mysteel Global learned.
China's total ferrosilicon (FeSi) production recovered in July after the short-lived decline in June, with the tonnage increasing by 23,324 tonnes or 4.8% on month to 506,620 tonnes, according to Mysteel's monthly survey of 136 Chinese smelters.
Mysteel Survey
Mysteel's surveys on China's Ferroalloys prices, inventories, production, imports/exports, costs, profits, and more.
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