永安期货铁合金早报-20251124

Report Industry Investment Rating - Not provided in the content Core Viewpoints - Not provided in the content Summary by Relevant Catalogs Price - For silicon ferroalloy on November 24, 2025, the latest price of Ningxia 72 silicon ferroalloy natural block is 5130, with a daily change of -20 and a weekly change of -20; the latest price of Inner Mongolia 72 is 5200, with no daily or weekly change; the latest price of Qinghai 72 is 5170, with a daily and weekly change of -30; the latest price of Shaanxi 72 is 5100, with a daily and weekly change of -30; the price of Shaanxi 75 is 5700, with no change. The export prices of Tianjin 72 and 75 are 1030 and 1080 respectively, with weekly changes of -15 and -20 [2]. - For silicon manganese on November 24, 2025, the latest price of Inner Mongolia 6517 silicon manganese at the production area ex - factory price is 5520, with a weekly change of -80; Ningxia 6517 is 5460, with a daily change of -20 and a weekly change of -90; Guangxi 6517 is 5550, with a weekly change of -50; Guizhou 6517 and Yunnan 6517 are 5500, with a weekly change of -80 [2]. Supply - The report presents the production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025, including monthly production and weekly production (capacity ratio 95%), as well as the production capacity utilization rate of these enterprises in Inner Mongolia, Ningxia, and Shaanxi [5]. - The production data of silicon manganese in China from 2021 - 2025 is also provided, including weekly production and the procurement volume and price of HeSteel Group [7]. Demand - The report shows the demand data of silicon manganese in China from 2021 - 2025 (Steel Union caliber), and also includes data such as the estimated production volume of crude steel in China, the production volume of stainless - steel crude steel, the procurement volume of silicon ferroalloy by HeSteel Group, etc. [5][8]. Inventory - For silicon ferroalloy, the report provides the inventory data of 60 sample enterprises in China, Ningxia, Inner Mongolia, and Shaanxi from 2021 - 2025, as well as data such as the number of warehouse receipts, effective forecasts, and inventory average available days in different regions [6]. - For silicon manganese, it provides the inventory data of 63 sample enterprises in China from 2021 - 2025, as well as data such as the number of warehouse receipts, effective forecasts, and inventory average available days in China [8]. Cost and Profit - For silicon ferroalloy, it shows the electricity price data of different regions from 2021 - 2025, the market price of semi - coke, the production cost and profit data of silicon ferroalloy in Ningxia and Inner Mongolia, and the export profit of 75 silicon ferroalloy [6]. - For silicon manganese, it presents the profit data of different regions from 2021 - 2025, including Inner Mongolia, Guangxi, the northern region, and the southern region, as well as the profit of Guangxi silicon manganese converted to the main contract and the profit of Ningxia silicon manganese converted to the market [8].