硅铁：钢招情绪不减，宽幅震荡

Group 1: Report's Investment Rating - No investment rating information is provided in the report Group 2: Core Viewpoints - The steel procurement sentiment for ferrosilicon and silicomanganese remains strong, and both are in a wide - range oscillation [1] Group 3: Summary by Relevant Catalogs Fundamental Tracking - Futures Data: For ferrosilicon, the closing prices of 2508 and 2509 contracts are 5466 and 5482 respectively, with volume of 5,010 and 122,756, and open interest of 11,364 and 193,107. For silicomanganese, the closing prices of 2508 and 2509 contracts are 5792 and 5794 respectively, with volume of 1,553 and 146,872, and open interest of 12,184 and 353,847 [1] - Spot Data: The spot price of ferrosilicon FeSi75 - B in Inner Mongolia is 5250 yuan/ton, silicomanganese FeMn65Si17 in Inner Mongolia is 5600 yuan/ton, Mn44 block manganese ore is 39.0 yuan/ton - degree, and small - sized semi - coke in Shenmu is 550 yuan/ton [1] - Spread Data: The spot - futures spread of ferrosilicon (spot - 08 futures) is - 216 yuan/ton, and that of silicomanganese (spot - 09 futures) is - 194 yuan/ton. The near - far month spread of ferrosilicon 2508 - 2509 is - 16 yuan/ton, and that of silicomanganese 2508 - 2509 is - 2 yuan/ton. The cross - variety spread of silicomanganese 2508 - ferrosilicon 2508 is 326 yuan/ton, and that of silicomanganese 2509 - ferrosilicon 2509 is 312 yuan/ton [1] Macro and Industry News - Price Information: On July 17, prices of 72 ferrosilicon in different regions range from 5050 - 5200 yuan/ton, and 75 from 5550 - 5700 yuan/ton. FOB prices of 72 are 1000 - 1020 dollars/ton, and 75 are 1080 - 1110 dollars/ton. The northern price of 6517 silicomanganese is 5500 - 5600 yuan/ton, and the southern price is 5600 - 5650 yuan/ton [2] - Procurement Information: A steel mill in Jiangsu set the procurement price of 75B ferrosilicon at 5600 yuan/ton, up 150 yuan/ton from the previous round, with a quantity of 1000 tons. Steel mills in Zhejiang, Henan, and Shengli (Qingyuan) set silicomanganese procurement prices at 5770, 5735, and 5800 yuan/ton respectively, with the latter up 80 yuan/ton [2][3] - Steel Production Data: In early July, the daily average output of crude steel from key steel enterprises was 209.7 million tons, a 1.5% decrease from the previous ten - day period and a 2.6% year - on - year decrease. The daily average output of steel products was 198.8 million tons, an 11.9% decrease from the previous ten - day period and a 0.4% year - on - year increase [3] Trend Intensity - The trend intensity of ferrosilicon is 0, and that of silicomanganese is 0, indicating a neutral view [3]