China's HBis raises June Fesi tender price

摘要

Chinese state-owned steel producer HBIS has raised its ferrosilicon tender prices for June delivery in response to tighter alloy availability in the past month. The firm's tender price rose to 5,930 yuan/t ($838/t) paid by acceptance bill for 72pc grade alloy, up by Yn180/t from May and up by Yn80/t from its enquiry price of Yn5,850/t last week. The firm's tender volume rose by 374t from a month ago to 1,436t.