Silver Gray Ferrosilicon Lump

The upstream of the ferrosilicon industry chain is raw materials and energy such as lignite, coke, steel scraps, silica, quartz, and electricity; the midstream is the ferrosilicon industry, mainly the smelting and sales of ferrosilicon; the downstream is mainly used as raw materials for steel and magnesium.From the perspective of the proportion of upstream cost structure, electricity is the largest part of ferrosilicon production costs, accounting for 63%. With technological progress, the current electricity consumption for producing one ton of ferrosilicon is about 7800-8200 degrees (the cost proportion varies from enterprise to enterprise due to differences in electricity consumption and electricity prices), followed by lignite silica, iron oxide scale and some auxiliary materials.

In recent years, my country's power operation has been good, and various indicators have shown a steady growth trend. The power supply has basically met the development of the national economy and people's living needs. According to data, my country's power generation in 2021 was 8112.8 billion kWh, a year-on-year increase of 4%. Ferrosilicon is an important alloy variety in the ferrosilicon smelting industry. It is often used as an oxidizing agent and alloying agent in steelmaking. Therefore, steel smelting is the largest demand area in the downstream demand for ferrosilicon, accounting for about 70%. With the steady growth of my country's steel product output in recent years, the demand for iron has also gradually increased, promoting the positive development of the industry. According to data from the Ministry of Science and Technology, my country's steel output reached 133.668 million tons in 2021, a year-on-year increase of 0.9%.

A: Buyer send enquiry →get ferrosilicon quotation → order confirmation→ Buyer arrange 30% deposit → Production started upon receipt of deposit→ Strict inspection during production → Buyer arrange balance payment→ Packing → Delivery as per trade terms

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