After October every year, the market conditions will change. The current price of ferrosilicon blocks is FOB price 1260USD/MT. The main use of ferrosilicon is as a flux and deoxidizer to improve the physical properties and chemistry of steel, castings and non-ferrous metals. performance. In addition, ferrosilicon is also widely used in the electronics industry, chemical industry and new materials fields.
The production processes of ferrosilicon include calcium carbide method, metal silicon reduction method, electric arc furnace reduction method and mineral silicon reduction method, etc. Among them, the metal silicon reduction method is the most widely used production process on the market. In addition, ferrosilicon can also be used to prepare new materials such as semiconductor materials, high-temperature thermoelectric materials, high-end electronic materials, and high-performance mechanical materials. Therefore, the importance of ferrosilicon in modern industry cannot be underestimated.
By the end of 2023, Arab Steel Industries plans to start the next phase of capacity expansion at its production site in Ain Sokhna. In the second phase of construction, the company will equip the base with a direct casting and rolling plant with an annual output of 300,000 tons to increase the production capacity of wire rods. At the same time, the third phase plans to install an electric arc furnace, an LF furnace and a 600,000 tons/year billet continuous caster to ensure the supply of billets to the existing rolling mill.
Post time: Oct-12-2023
