In early Nov., one large FeNi producer in Jiangsu province had cut down 2/3 of the production. According to the source, as the the main reason was the weak FeNi market made the enterprises suffer great pressure.
On Oct 30th, 2014, Ministry of Commerce of China issued Announcement No. 76 of 2014, releasing the application qualification and procedures of ferroalloys export permission.
According to statistic National Bureau of Statistic of China, China export 89668.61 tons of silicon metal in September, up by 37.67% Y-O-Y, and it set a record in this year.