Stoppages and reduced production rates in the automotive sector resulting from a shortage of semiconductors has resulted in lower scrap output, participants said.

Similar notices were issued by a number of major producers in Inner Mongolia.

Stoppages and reduced production rates in the automotive sector resulting from a shortage of semiconductors has resulted in lower scrap output, participants said.

The 2109 ferrosilicon contract price on ZCE closed at 8760

The American Iron and Steel Institute (AISI) reported that for the month of April 2021, U.S. steel mills shipped 7,845,008 net tons, a 39.5 percent increase from the 5,623,229 net tons shipped in April 2020.

Ferroalloys Futures Daily Report (7/19/2021).

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,513,000 net tons (NT) of steel in May 2021.

Weekly Report of Ferrosilicon Market (7.12-7.16)