As an important industrial raw material, the price fluctuation of ferrosilicon is influenced by multiple factors:**1、 Prosperity of the steel industry**As a fundamental driving factor, the crude steel production of the world and major economies (especially China) directly determines the demand for ferrosilicon. The growth of steel industries such as infrastructure, real estate, automobile and machinery manufacturing during the economic upswing period has driven up the demand and price of ferrosilicon; On the contrary, demand will shrink and prices will come under pressure.**2、 Energy cost (electricity)**Ferrosilicon belongs to the high-energy industry, with an electricity consumption of about 8000-9000 kilowatt hours per ton of product, and the cost of electricity accounts for 50-70% of the total cost. The fluctuation of electricity prices has a significant impact on its production costs: the difference between the wet and dry seasons of hydropower, changes in coal prices, and adjust…

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Anyang Houcheng New Materials Co., LTD

Anyang Houcheng New Materials Co., Ltd. is located in Anyang City, Henan Province, China. The compan…

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