永安期货铁合金早报-20251119

Report Industry Investment Rating - Not provided in the content Core Viewpoint - Not provided in the content Summary by Relevant Catalogs Price - For silicon iron, on November 19, 2025, the latest spot prices of Ningxia 72 and Inner Mongolia 72 were 5150 and 5200 respectively, with daily changes of 0 and weekly changes of -30 and -50. The latest prices of the main contract and 01 contract were 5474, with daily changes of -92 and weekly changes of -14 [2]. - For silicon manganese, on November 19, 2025, the latest ex - factory prices of Inner Mongolia 6517, Ningxia 6517, Guangxi 6517, Guizhou 6517, and Yunnan 6517 were 5600, 5500, 5600, 5580, and 5580 respectively. The latest price of the main contract was 5680, with a daily change of -112 and a weekly change of -84 [2]. Supply - The monthly production of 136 silicon iron enterprises in China from 2021 - 2025 is presented, and the weekly production of 136 silicon iron enterprises in China (with a capacity share of 95%) from 2021 - 2025 is also shown [5]. - The weekly production of silicon manganese in China from 2021 - 2025 is provided. The capacity utilization rates of 136 silicon - iron production enterprises in Inner Mongolia, Ningxia, and Shaanxi from 2021 - 2025 are also given [5][7]. Demand - The monthly production forecast of crude steel in China from 2021 - 2025, the monthly production of stainless - steel crude steel in China from 2021 - 2025, and the monthly procurement volume of FeSi75 - B by HeSteel Group from 2021 - 2025 are presented [5]. - The monthly procurement volume and price of 6517 silicon manganese by HeSteel Group from 2021 - 2025 are provided. The demand for silicon manganese in China (in ten thousand tons, according to the Steel Union's caliber) from 2021 - 2025 is also shown [7][8]. Inventory - The weekly inventory of 60 sample silicon - iron enterprises in China, Ningxia, Inner Mongolia, and Shaanxi from 2021 - 2025 is presented. The daily inventory - related data of silicon iron on CZCE, including the number of warehouse receipts, effective forecasts, and the sum of warehouse receipts and effective forecasts from 2021 - 2025, are also shown [6]. - The daily inventory - related data of silicon manganese on CZCE, including the number of warehouse receipts, effective forecasts, and the sum of warehouse receipts and effective forecasts from 2021 - 2025, are provided. The weekly inventory of 63 sample silicon - manganese enterprises in China from 2021 - 2025 is also shown [8]. Cost Profit - The electricity prices in Inner Mongolia, Qinghai, Ningxia, and Shaanxi for ferroalloys from 2021 - 2025 are presented. The market prices of raw materials such as semi - carbonated manganese ore, manganese ore, and chemical coke from 2021 - 2025 are also shown [6][7]. - The production costs in Ningxia and Inner Mongolia, the profits of silicon iron converted to the main contract in Ningxia and Inner Mongolia, and the spot profit of silicon iron in Ningxia from 2021 - 2025 are provided. The profits of silicon manganese in Inner Mongolia, Guangxi, the northern region, and the southern region from 2021 - 2025 are also shown [6][8].