According to Eunews, the EU ferrosilicon market—crucial for stainless steel production—is facing a severe crisis driven by soaring energy costs rather than Chinese competition. Trade Commissioner Maroš Šefčovič clarified that recent safeguard investigations revealed no increase in Chinese imports, debunking claims of unfair trade practices. Instead, the primary threat to EU producers is unsustainable energy expenses. This situation, initially assessed in January, is now expected to worsen significantly. The recent outbreak of war in Iran and the escalating conflict in the Persian Gulf are triggering massive energy price spikes, putting immense additional pressure on European ferrosilicon operations and the broader stainless steel supply chain.

Combined for January and February 2026, China’s cumulative chrome ore imports reached 4.0144 million tons, up 13.2% year-on-year. Breakdown by origin: imports from South Africa were 3.2422 million tons (up 6.2% year-on-year), imports from Turkey were 184,700 tons (up 55.8% year-on-year), and imports from Zimbabwe were 400,000 tons (up 70.3% year-on-year).

1. Procurement Conditions The purchaser of this procurement project, the Ferrosilicon Procurement Project (AGLYCGHHD250514210228), is the Procurement Management Department of the Procurement and Sales Center of Lingyuan Iron and Steel Co., Ltd. The funds for this procurement project are self-raised. The project has met the procurement conditions and is now open for a single-round negotiation. 2. Project Overview and Procurement Scope 2.1 Project Name: Ferrosilicon Procurement Project 2.2 Alternative Procurement Method in Case of Failed Procurement: Not applicable 2.3 For details on the procurement content, scope, and scale of this project, please refer to the attached "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this procurement. 3.2 For this procurement, the bidder must meet the following qualification requirements: (1) A circulation-type business license (2) A production-type business license 3.3 For this procurement, the bidder must meet the following registered capital requirements: Registered capital for production-type enterprises: 5 million yuan or above Registered capital for circulation-type enterprises: 5 million yuan or above 3.4 For this procurement, the bidder must meet the following performance requirements: 1. Provide an original scanned copy or photo of the business license (or duplicate) that has passed the annual inspection. 2. Provide one ferroalloy performance contract signed after January 1, 2022. 3.5 For this procurement, the bidder must meet the following capability, financial, and other requirements: Financial requirements: Refer to the attachment for details (if necessary) Capability requirements: Refer to the attachment for details (if necessary) Other requirements: Refer to the attachment for details (if necessary) 3.6 For projects that must be tendered according to the law, bids from dishonest persons subject to enforcement are invalid for this procurement. 4. Obtaining the Procurement Documents 4.1 Those interested in participating in the bidding should log in to the Ansteel Smart Tendering and Bidding Platform at http://bid.ansteel.cn between 18:00 on May 14, 2025, and 13:00 on May 20, 2025 (Beijing time, the same hereinafter) to download the electronic procurement documents. Click to view tender details: 》Procurement Announcement for Ferrosilicon Procurement Project

Procurement Announcement for Projects Including Low-Silicon Ferrosilicon 1. Procurement Conditions The procurer of this procurement project, which includes low-silicon ferrosilicon (AGCYGTHGXHD250519211187), is the Materials Procurement Department of Ansteel Group Chaoyang Iron & Steel Co., Ltd. The funds for this procurement project are self-raised. The project has met the procurement conditions and is now open for public inquiry and comparison. 2. Project Overview and Procurement Scope 2.1 Project Name: Projects Including Low-Silicon Ferrosilicon 2.2 Alternative Procurement Methods in Case of Failed Procurement: Transition to direct procurement or negotiation procurement 2.3 For details on the procurement content, scope, and scale of this project, please refer to the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this procurement. 3.2 Bidders for this procurement must meet the following qualification requirements: See the attachment for details (if necessary). 3.3 Bidders for this procurement must meet the following registered capital requirements: Registered capital for manufacturing enterprises: 10,000,000 yuan or above 3.4 Bidders for this procurement must meet the following performance requirements: See the attachment for details. 3.5 Bidders for this procurement must meet the following capability, financial, and other requirements: Financial requirements: See the attachment for details. Capability requirements: See the attachment for details. Other requirements: See the attachment for details. 3.6 For projects that must be tendered according to the law, bids from dishonest persons subject to enforcement are invalid for this procurement. 4. Acquisition of Procurement Documents 4.1 Interested bidders are requested to log in to the Ansteel Smart Tendering and Bidding Platform at http://bid.ansteel.cn to download the electronic procurement documents from 15:00 on May 19, 2025, to 13:00 on May 27, 2025 (Beijing time, the same hereinafter). Click to view tender details: 》Procurement Announcement for Projects Including Low-Silicon Ferrosilicon

Chongqing Steel's tender in May: 350 mt of ferrosilicon. Registration deadline: 16:00, May 7, 2025. Quotation deadline: 16:00, May 8, 2025. Required delivery date: May 31, 2025.

Linyi Steel Tender on March 27: Ferrosilicon 1,500-2,000 mt, bid submission deadline: March 28, 2025, 10:00, required delivery date: 30 days.

Kunming Steel April Tender: 760 mt Ferrosilicon, Registration Deadline: March 31, 2025, 10:00, Quotation Deadline: March 31, 2025, 10:30, Required Delivery Date: April 25, 2025.

[SMM News Flash] Today, ferrosilicon futures showed a fluctuating downward trend, opening under pressure and declining. During the session, prices hit bottom and rebounded around 6,010 yuan/mt. On March 17, the most-traded ferrosilicon futures contract closed at 6,058 yuan/mt, up 0.40% or 24 yuan from the previous day. Recently, the tug-of-war between buyers and sellers has been evident, with the overall trend maintaining a sideways movement.

【SMM Flash News】On April 21, a steel mill in Jiangsu issued a tender for ferrosilicon at a price of 6,000 yuan/mt, with a quantity of 1,000 mt, including tax and delivery on acceptance.

Tangshan Ganglu Steel issued a tender on April 24: 400 mt of ferrosilicon, registration deadline: April 24, 2025, 13:29, quotation deadline: April 24, 2025, 15:30, required delivery date: April 30, 2025.