Last week, the prices of various varieties of ferroalloys fluctuated, with prices of ordinary alloys remaining stable with some declines, and prices of special alloys fluctuating. The price of ferrosilicon has fallen50 yuan/ton~200 yuan/ton. Affected by the overall environment, the transportation of ferrosilicon is not smooth. The overseas demand situation for No.75 silicon iron is good. As the end of the month approaches, the bidding for steel mills in April is gradually opening, and some ferrosilicon manufacturers have suspended external quotations. The willingness to raise prices is strong, and it is expected that the ferrosilicon market will experience strong fluctuations in the near future. The silicon manganese market is operating weakly and steadily. Affected by the situation, the transportation of silicon and manganese is not smooth, and there are fewer orders from traders. The overall purchasing atmosphere in the market is not strong. With the new round of steel mill bidding gradually unfolding, the transactions in the silicon and manganese market may improve. Southern silicon manganese manufacturers have higher overall confidence in raising prices than northern ones, mainly due to the larger supply of silicon manganese in the north. Due to the continued high cost, it is expected that the silicon manganese market will operate steadily with a moderate to strong trend in the near future.

High carbon ferrochrome prices fallBetween 50 yuan/50 basis tons and 100 yuan/50 basis tons, the market's acceptance of high priced and high carbon chromium iron resources is not high, and the overall shipment and order volume of high carbon chromium iron traders are relatively low. It is difficult for the price of raw chrome ore to fall, and the cost of high carbon ferrochrome production enterprises is relatively high, so the extent of price reduction is limited. The import volume of high carbon ferrochrome decreased significantly year-on-year from January to February, and the overseas supply capacity of high carbon ferrochrome weakened. Domestic high carbon ferrochrome enterprises resumed production and increased. Industry insiders predict that the bidding price for high carbon ferrochrome from iconic steel mills will increase by 400 yuan/50 basis tons to 500 yuan/50 basis tons in April. Overall, there is currently no significant downward pressure on the high carbon ferrochrome retail market, and it is expected that the high carbon ferrochrome market will operate steadily and weakly in the short term.