Ferrosilicon Price Trends in August 2025: A Volatile Month

The ferrosilicon market in August 2025 exhibited a volatile but overall softening trend, moving from a slight increase early in the month to a noticeable decline by the end.  The average price for FeSi75-B (natural lump) in the Ningxia region was around RMB 5,310 per ton as of August 28th, marking a decrease of 3.20% from the beginning of the month .  By the end of the month, prices for 72# ferrosilicon natural blocks in main producing areas like Shaanxi and Ningxia were reported in the range of RMB 5,250-5,350 per ton, while 75# ferrosilicon was offered around RMB 5,800-5,950 per ton .

Several factors influenced this price dynamic:

· Weak Downstream Demand: Demand from key downstream sectors, particularly the steel industry, was generally weak.  Procurement enthusiasm was low, and transactions were primarily based on immediate needs .
· High Inventory Pressure: The market faced significant inventory pressure, with a high level of warehouse receipts .
· Futures Market Influence: The continuous decline in ferrosilicon futures prices negatively impacted market sentiment, leading to a cautious atmosphere and the emergence of low-priced resources in the spot market .
· Cost Support: The market received some cost support from raw materials like semi-coke .  However, factors such as electricity costs were also watched closely, as potential electricity price adjustments in some areas were anticipated to influence future production costs .