High-quality deoxidizer for ferrosilicon

Analysis of the Core Driving Factors Affecting the Price of Ferrosilicon Ferrosilicon, as a major industrial raw material, is driven by multiple complex factors in terms of price fluctuations: the prosperity of the steel industry: This is the most fundamental driving factor. The crude steel output of the world and major economies, especially China, directly determines the demand for ferrosilicon. Economic prosperity has driven the growth of steel-consuming industries such as infrastructure, real estate, automobiles, and mechanical manufacturing, pushing up the demand and price of ferrosilicon. Conversely, it will lead to shrinking demand and falling prices. Energy cost (electricity) : The production of ferrosilicon is a typical high energy-consuming industry (about 8,000-9,000 kWh of electricity per ton of product), and electricity cost usually accounts for 50-70% of the total cost. Therefore, fluctuations in electricity prices have a significant impact on the cost of ferrosilicon. The…