Ferroalloy Market Hot Shots — Nov 7
Nov 07, 2025| 1️⃣ China's Metallurgical-Grade Silicon Prices Rise Slightly Again
With higher electricity costs and increased furnace shutdowns, China's silicon metal production has declined modestly. Meanwhile, coal prices have rebounded and futures markets turned bullish, prompting smelters and traders to lift quotations cautiously.
👉 Export offers: Si 553 at USD 1,300–1,340/ton FOB China, Si 441 at USD 1,330–1,370/ton FOB China.
2️⃣ Electrolytic Manganese Prices Remain Stable
China's electrolytic manganese market continues to operate steadily, with both domestic and export prices holding firm amid balanced supply and demand.
3️⃣ China's Magnesium Market Gradually Improves
The magnesium market showed a rising–stable–rising trend during the week. The uptrend is mainly supported by increased coal prices, which have pushed production costs higher and encouraged firmer offers from smelters.
4️⃣ CML Announces December 2025 Manganese Ore Offers to China
CML (Consolidated Minerals Limited) released its December 2025 quotation:
👉 Mn 46% Australian lump ore is priced at USD 4.8/dmtu CIF China main port, up USD 0.15/dmtu from November.
5️⃣ Eramet Comilog Increases December Offers to China
Eramet Comilog announced its December 2025 offer for Mn 44.5% Gabonese lump ore at USD 4.5/dmtu CIF China main port, also up USD 0.15/dmtu month-on-month.
6️⃣ IMFA Acquires Tata Steel's Ferrochrome Plant 🇮🇳
IMFA (Indian Metals & Ferro Alloys Ltd.) has acquired Tata Steel's ferrochrome plant in Kalinganagar, making it India's largest ferrochrome producer with a total capacity exceeding 500,000 tons per year.
7️⃣ U.S. to Lower Tariffs on China from November 10 🇺🇸
The U.S. government announced that tariffs on Chinese goods will be reduced starting November 10, including a temporary suspension of port fees, signaling easing trade tensions between the two nations.
8️⃣ Container Freight Rates Continue to Rise 🚢
Following improved sentiment after China–U.S. trade talks, the Shanghai Containerized Freight Index (SCFI) has risen for the fourth consecutive week, reflecting stronger shipping market confidence.
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