The third quarter of the year is shaping up to be a crucial period for ferro-alloys producers in China, as. prices for different products threaten to move in opposite directions. Silico-manganese sales to Japan and Korea have firmed in price as less material is made available for export, while ferro-silicon prices have slumped on the back of panic selling by smelters in need of hard currency.While Chinese-origin silico-manganese cargoes to Japan have dwindled on the back of steel production cuts there, Korean buyers remain in the market and have contributed to a firming in Chinese export prices. Prices are largely within a
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