WEEKLY: China's daily SiMn output falls to 4-month low

ABSTRACT
Chinese silicomanganese production among the 121 domestic smelters under Mysteel's regular survey continued to decrease last week, with their daily output reaching 27,220 tonnes/day over May 20-26, down for the second week by another 470 t/d from the prior week and marking the lowest since February.

More medium- and small-sized SiMn smelters in Northwest China's Ningxia conducted maintenance last week to lower their risk exposure as they are suffering deepening losses with the further decrease in ferroalloy prices, Mysteel Global learned. The downtrend in domestic SiMn prices continued last week as high-priced products still struggled to