Bushveld maintains hot commissioning target of mid-2023

The 2305 ferrosilicon contract price on ZCE closed at 8068 yuan per ton on February 21.

The 2305 ferrosilicon contract price on ZCE closed at 7888 yuan per ton on February 20.

HBIS Group's tender price for 75B ferrosilicon in February was 8430 CNY/T, down 320 CNY/T from the previous month, less than expected.

The 2305 ferrosilicon contract price on ZCE closed at 7822 yuan per ton on February 17.

Brazilian iron-ore miner Vale SA's profit fell in the fourth quarter after the price of iron ore and sales by volume both declined.

Russia plans to post a budget deficit in 2023 of 2% of gross domestic product (GDP), Finance Minister Anton Siluanov said on Friday, despite towering spending and slumping energy revenues contributing to a huge shortfall in January.

The 2305 ferrosilicon contract price on ZCE closed at 7908 yuan per ton on February 16.