库存 成本利润 30000 40000 50000 60000 70000 80000 90000 100000 110000 01/01 01/24 02/16 03/11 04/03 04/26 05/19 06/11 07/04 07/27 08/19 09/11 10/04 10/27 11/19 12/12 硅铁：60家样本企业：库存：中国（周） 2021 2022 2023 2024 2025 5000 10000 15000 20000 25000 01/01 01/26 02/20 03/17 04/11 05/06 05/31 06/25 07/20 08/14 09/08 10/03 10/28 11/22 12/17 硅铁：60家样本企业：库存：宁夏（周） 2021 2022 2023 2024 2025 0 10000 20000 30000 40000 50000 60000 01/01 01/26 02/20 03/17 04/11 05/06 05/31 06/25 07/20 08/14 09/08 10/03 10/28 11/22 12/17 硅铁：60家样本企业：库存：内 ...

Report Industry Investment Rating - No relevant content found Core Viewpoints - No relevant content found Summary by Catalog Price - On July 18, 2025, the latest price of Ningxia 72 silicon - iron natural block was 5200 yuan, with a weekly increase of 50 yuan; the latest price of Inner Mongolia 72 was 5250 yuan, with a weekly increase of 50 yuan; the latest price of Qinghai 72 was 5200 yuan, with a weekly increase of 50 yuan; the latest price of Shaanxi 72 was 5150 yuan, with a weekly increase of 50 yuan; the latest price of Shaanxi 75 was 5650 yuan, with a weekly increase of 50 yuan [2]. - The latest price of Jiangsu 72 silicon - iron qualified block was 5600 yuan, with no daily or weekly change; the latest price of Tianjin 72 (trader price) was 5470 yuan, with a daily increase of 20 yuan and a weekly decrease of 130 yuan; the latest price of Tianjin 72 (export price in US dollars) was 1005 dollars, with a weekly decrease of 5 dollars; the latest price of Tianjin 75 (export price in US dollars) was 1055 dollars, with a weekly decrease of 5 dollars [2]. - For silicon - manganese, the latest ex - factory price of Inner Mongolia 6517 was 5600 yuan, with a weekly increase of 50 yuan; the latest price of Ningxia 6517 was 5600 yuan, with a weekly increase of 50 yuan; the latest price of Guangxi 6517 was 5650 yuan, with no change; the latest price of Guizhou 6517 was 5600 yuan, with no change; the latest price of Yunnan 6517 was 5600 yuan, with no change; the latest price of Guangxi 6014 was 5100 yuan, with no change [2]. - The latest price of Ningxia 6517 (trader price) was 5600 yuan, with a weekly increase of 50 yuan; the latest price of Jiangsu 6517 (trader price) was 5770 yuan, with a weekly decrease of 30 yuan [2]. Supply - The report shows long - term trends of production - related data such as the monthly production of 136 silicon - iron enterprises in China, the weekly production of 136 silicon - iron enterprises in China (with a capacity share of 95%), and the monthly capacity utilization rates of 136 silicon - iron production enterprises in Inner Mongolia, Ningxia, and Shaanxi from 2021 to 2025 [4]. - It also presents the long - term trends of the weekly production of silicon - manganese in China from 2021 to 2025 [6]. Demand - The report provides long - term trends of demand - related data such as the estimated and revised monthly production of crude steel in China, the monthly production of stainless - steel crude steel in China, the monthly demand for silicon - manganese in China (according to Steel Union's data), and the monthly export volume of silicon - iron and silicon - manganese in China from 2021 to 2025 [4][7]. Inventory - The report shows long - term trends of inventory - related data such as the weekly inventory of 60 sample silicon - iron enterprises in China, the weekly inventory of 60 sample silicon - iron enterprises in Ningxia, Inner Mongolia, and Shaanxi, the daily total number of silicon - iron warehouse receipts on CZCE, the daily effective forecast of silicon - iron, and the daily inventory average available days of silicon - iron in East China, South China, and the North from 2021 to 2025 [5]. - It also presents the long - term trends of inventory - related data for silicon - manganese, including the daily total number of silicon - manganese warehouse receipts on CZCE, the daily effective forecast of silicon - manganese, the daily inventory average available days of silicon - manganese in China, and the weekly inventory of 63 sample silicon - manganese enterprises in China from 2021 to 2025 [7]. Cost Profit - The report shows long - term trends of cost - profit - related data such as the electricity prices for ferroalloys in Qinghai, Ningxia, Shaanxi, and Inner Mongolia, the mainstream market price of semi - coke in Shaanxi, the production profit of semi - coke in China, the market price of 98% silica in the northwest region of China, the market price of 70% iron oxide scale in Shijiazhuang, the production cost of silicon - iron in Ningxia and Inner Mongolia, the profit of silicon - iron in Ningxia converted to the main contract on the futures market, the spot profit of silicon - iron in Ningxia, and the export profit of 75% silicon - iron from 2021 to 2025 [5]. - It also presents the long - term trends of cost - profit - related data for silicon - manganese, including the profit of silicon - manganese in Inner Mongolia, Guangxi, the North region, and the South region (according to Steel Union's data), the profit of silicon - manganese in Guangxi converted to the main contract on the futures market, and the profit of silicon - manganese in Ningxia converted to the futures market from 2021 to 2025 [7].

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 July 15, 2025, the latest price of Ningxia 72 natural block was 5200, with a weekly increase of 50; the latest price of Tianjin 72 export (in US dollars) was 1010, with no daily or weekly change. For silicon manganese, the latest price of Inner Mongolia 6517 was 5600, with a weekly increase of 50, and the latest price of Guangxi 6517 was 5650, with a weekly increase of 80 [2]. - The report also presents historical price trends of various silicon ferroalloy and silicon manganese products from 2021 - 2025, including market prices in different regions, export and import average prices, and contract closing prices [3][4][6]. Supply - The production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including monthly and weekly production, and capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi [4]. - The production data of silicon manganese in China from 2021 - 2025 are also provided, including weekly production and procurement data from Hebei Iron and Steel Group [6]. Demand - The report shows the demand - related data of silicon ferroalloy and silicon manganese in China from 2021 - 2025, such as the estimated demand for silicon manganese (in ten thousand tons) and the procurement volume of silicon ferroalloy and silicon manganese by Hebei Iron and Steel Group [4][6][7]. - It also includes data on the production of related downstream products, such as the production of crude steel, metal magnesium, and stainless - steel crude steel [4]. Inventory - The inventory data of 60 sample silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including weekly inventory in different regions, and data on warehouse receipts, effective forecasts, and inventory average available days [5]. - For silicon manganese, the inventory - related data from 2021 - 2025 are provided, including daily warehouse receipt quantity, effective forecast quantity, and inventory average available days, as well as the inventory of 63 sample enterprises in China (in tons) [7]. Cost and Profit - The cost - related data of silicon ferroalloy and silicon manganese from 2021 - 2025 are shown, such as electricity prices in different regions, market prices of raw materials like semi - carbonated manganese ore and lanthanum charcoal, and production costs in Inner Mongolia and Ningxia [5][6][7]. - The profit - related data of silicon ferroalloy and silicon manganese from 2021 - 2025 are also provided, including spot profit, profit after converting to the main contract, and export profit [5][7].

Core Viewpoint - Maanshan Iron & Steel Co., Ltd. has signed a supplementary agreement with China Baowu Steel Group Co., Ltd. to update the transaction limits for the product sales agreement for the years 2025-2027, reflecting the company's current business conditions and the need for enhanced collaboration to address market risks [1][2]. Group 1: Related Transactions Overview - The original product sales agreement was approved at the 2024 sixth extraordinary general meeting, establishing transaction content and upper limits for sales between Maanshan Steel and China Baowu for 2025-2027 [1]. - The supplementary agreement updates the upper limits for sales of products including steel, iron ingots, and other materials, with specific annual limits set for 2025, 2026, and 2027 [3][4]. Group 2: Financial Details of the Supplementary Agreement - The updated sales limits (excluding tax) are as follows: - 2025: RMB 27,641,790,517 - 2026: RMB 39,960,768,539 - 2027: RMB 40,201,124,627 [3][4]. - The procurement limits (excluding tax) are set at: - 2025: RMB 38,301,245,112 - 2026: RMB 79,293,051,022 [3][4]. Group 3: Impact on the Company - The agreement is expected to enhance Maanshan Steel's product sales channels and service quality by leveraging China Baowu's marketing and processing networks, ultimately improving production efficiency and product competitiveness [4][5]. - The collaboration aims to create a marketing synergy that maximizes both parties' strengths, enhancing commercial value and operational efficiency [4][5]. Group 4: Stock Repurchase Plan - The company plans to repurchase and cancel a portion of restricted stock due to unmet performance targets and retirements of certain incentive plan participants [4][5]. - The repurchase will involve 21,423,400 shares at a price of RMB 2.29 per share, totaling RMB 49,135,168, funded by the company's own resources [8][9]. - The stock structure will change post-repurchase, with the total number of restricted shares reduced to zero, while the unrestricted shares remain unchanged [8][9]. Group 5: Legal and Compliance Aspects - The repurchase plan complies with relevant laws and regulations, and necessary approvals have been obtained [10]. - The company will fulfill its disclosure obligations and handle the necessary registration changes following the approval of the repurchase plan [10].

Report Summary 1. Report Industry Investment Rating No information provided in the report. 2. Core Viewpoint No clear core viewpoint presented in the given content, which mainly consists of price, supply, demand, inventory, and cost - profit data of ferrosilicon and silicomanganese. 3. Summary by Related Catalogs Price - For ferrosilicon on June 27, 2025, the latest price of Ningxia 72 natural block was 5130 yuan, with a daily change of 30 yuan and a weekly change of 30 yuan; the export price of Tianjin 72 was 1020 US dollars, with no daily change and a weekly decrease of 35 US dollars [2]. - For silicomanganese on June 27, 2025, the latest price of Inner Mongolia 6517 at the production area was 5520 yuan, with a daily change of 20 yuan and a weekly change of 40 yuan [2]. Supply - The production data of 136 ferrosilicon enterprises in China from 2021 - 2025 are presented, including monthly production, weekly production, and capacity utilization in Inner Mongolia [4]. - The production data of silicomanganese in China from 2021 - 2025 are shown, such as weekly production and enterprise start - up rate [6]. Demand - Ferrosilicon demand - related data include export prices at Tianjin Port, export quantity in China, and procurement volume and price of Hebei Iron and Steel Group from 2021 - 2025 [4]. - Silicomanganese demand - related data involve the estimated demand in China and export quantity from 2021 - 2025 [7]. Inventory - Ferrosilicon inventory data include the inventory of 60 sample enterprises in China, inventory in Ningxia, and warehouse receipt data from 2021 - 2025 [5]. - Silicomanganese inventory data cover warehouse receipt quantity, effective forecast, and inventory of 63 sample enterprises in China from 2021 - 2025 [7]. Cost Profit - Ferrosilicon cost - profit data include electricity prices in different regions, Lanthanum carbon prices, production costs in Ningxia and Inner Mongolia, and corresponding profits from 2021 - 2025 [5]. - Silicomanganese cost - profit data involve the profits in Inner Mongolia, Guangxi, and other regions from 2021 - 2025 [7].

Report Title - Iron Alloy Morning Report [1] Report Date - June 19, 2025 [2] Price Summary Silicon Ferrosilicon (FeSi) - **Spot Prices**: In various regions, prices for different grades of FeSi showed mixed changes. For example, the price of Ningxia 72 FeSi natural block remained stable at 5050 yuan, with a weekly increase of 50 yuan; Inner Mongolia 72 FeSi natural block increased by 50 yuan to 5100 yuan, with no weekly change [2]. - **Export Prices**: The export price of Tianjin 72 FeSi remained at 1055 US dollars, and the export price of Tianjin 75 FeSi remained at 1095 US dollars [2]. - **Futures Prices**: Different contracts of FeSi futures showed varying degrees of increase. For example, the main contract of FeSi increased by 26 yuan to 5290 yuan, with a weekly increase of 106 yuan [2]. Silicon Manganese (SiMn) - **Spot Prices**: The ex - factory prices of SiMn in different regions increased to varying degrees. For example, the ex - factory prices of Inner Mongolia 6517 and Ningxia 6517 SiMn increased by 30 yuan to 5480 yuan and 5430 yuan respectively, with a weekly increase of 50 yuan [2]. - **Futures Prices**: Different contracts of SiMn futures also showed increases. For example, the main contract of SiMn increased by 20 yuan to 5556 yuan, with a weekly increase of 70 yuan [2]. Supply - Related Information Silicon Ferrosilicon - **Production Capacity Utilization**: The production capacity utilization of 136 silicon ferrosilicon production enterprises in different regions showed certain trends over time from 2021 - 2025 [4]. - **Production Volume**: The monthly production volume of 136 silicon ferrosilicon enterprises in China and the weekly production volume of 136 silicon ferrosilicon enterprises (with a capacity share of 95%) showed different trends from 2021 - 2025 [4]. Silicon Manganese - **Production Volume**: The weekly production volume of silicon manganese in China showed different trends from 2021 - 2025 [6]. - **Enterprise Start - up Rate**: The start - up rate of silicon manganese enterprises in China showed different trends from 2021 - 2025 [6]. Demand - Related Information Silicon Ferrosilicon - **Related Industries**: The demand for silicon ferrosilicon is related to industries such as the production of crude steel, stainless steel, and metal magnesium. The production volume of these industries showed different trends from 2021 - 2025 [4]. Silicon Manganese - **Demand in China**: The demand for silicon manganese in China (according to the Steel Union's caliber) showed different trends from 2021 - 2025 [4][7]. Inventory - Related Information Silicon Ferrosilicon - **Enterprise Inventory**: The inventory of 60 sample silicon ferrosilicon enterprises in different regions (such as Ningxia, Inner Mongolia, and Shaanxi) showed different trends from 2021 - 2025 [5]. - **Warehouse Receipts and Effective Forecasts**: The total number of warehouse receipts of silicon ferrosilicon on the CZCE, effective forecasts, and the sum of warehouse receipts and effective forecasts showed different trends from 2021 - 2025 [5]. Silicon Manganese - **Warehouse Receipts and Inventory**: The total number of warehouse receipts of silicon manganese on the CZCE, effective forecasts, and the sum of warehouse receipts and effective inventory showed different trends from 2021 - 2025 [7]. - **Enterprise Inventory**: The inventory of 63 sample silicon manganese enterprises in China showed different trends from 2021 - 2025 [7]. Cost - Profit - Related Information Silicon Ferrosilicon - **Cost**: The production costs of silicon ferrosilicon in Ningxia and Inner Mongolia showed different trends from 2021 - 2025 [5]. - **Profit**: The profits of silicon ferrosilicon in Ningxia (including folding the main - contract profit and spot profit) and Inner Mongolia (folding the main - contract profit) showed different trends from 2021 - 2025 [5]. Silicon Manganese - **Cost**: The cost of silicon manganese is related to factors such as the price of chemical coke and manganese ore. The prices of these raw materials showed different trends from 2021 - 2025 [6]. - **Profit**: The profits of silicon manganese in Inner Mongolia, Guangxi (including folding the main - contract profit), and Ningxia (folding the main - contract profit) showed different trends from 2021 - 2025 [6][7].

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 June 12, 2025, the latest prices of Ningxia 72 and Inner Mongolia 72 are 5000 and 5100 respectively, with daily changes of 0 and -50, and weekly changes of -130 and -100 [2]. - The export prices of Tianjin 72 and Tianjin 75 silicon ferroalloy are 1055 and 1095 US dollars respectively, with no daily or weekly changes [2]. - For silicon manganese, the latest prices of Inner Mongolia 6517, Ningxia 6517, Guangxi 6517, Guizhou 6517, and Yunnan 6517 are 5430, 5380, 5500, 5450, and 5450 respectively, with weekly changes of 30, 80, 50, 50, and 50 [2]. Supply - The production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025 are presented, including monthly and weekly production and capacity utilization rates in different regions [4][5]. - The production data of silicon manganese in China from 2021 - 2025 are also shown, including weekly production and enterprise - wide capacity utilization rates [7]. Demand - The demand - related data such as the estimated production of crude steel in China, the production of stainless - steel crude steel, and the demand for silicon manganese in China from 2021 - 2025 are provided [5][8]. Inventory - The inventory data of 60 sample silicon ferroalloy enterprises in China from 2021 - 2025 are given, including weekly inventory in different regions, warehouse receipts, and effective forecasts [6]. - The inventory data of silicon manganese from 2021 - 2025 are presented, including daily warehouse receipts, effective forecasts, and the inventory of 63 sample enterprises in China [8]. Cost and Profit - The cost - profit - related data of silicon ferroalloy from 2021 - 2025 are provided, including electricity prices in different regions, the market price of blue charcoal, and the production cost and profit in Inner Mongolia and Ningxia [6]. - The cost - profit - related data of silicon manganese from 2021 - 2025 are shown, including the price of raw materials such as manganese ore, and the profit in different regions [7][8].

Report Industry Investment Rating - Not provided in the content Core Viewpoint - Not provided in the content Summary by Directory Price - For silicon ferroalloy on June 10, 2025, the latest price of Ningxia 72 was 5100 yuan, with no daily change and a weekly decrease of 80 yuan; the latest price of Inner Mongolia 72 was 5150 yuan, with no daily change and a weekly decrease of 100 yuan; the latest price of Qinghai 72 was 5100 yuan, with a daily decrease of 50 yuan and a weekly decrease of 100 yuan; the latest price of Shaanxi 72 was 5100 yuan, with no daily change and a weekly decrease of 50 yuan; the latest price of Shaanxi 75 was 5750 yuan, with no daily change and a weekly decrease of 50 yuan; the latest price of Jiangsu 72 was 5280 yuan, with no daily change and a weekly decrease of 200 yuan; the latest price of Tianjin 72 was 5400 yuan, with a daily decrease of 100 yuan and no weekly change; the latest export price of Tianjin 72 was 1055 US dollars, with no daily or weekly change; the latest export price of Tianjin 75 was 1095 US dollars, with no daily or weekly change [2]. - For silicon manganese on June 10, 2025, the latest price of Inner Mongolia 6517 was 5450 yuan, with no daily change and a weekly increase of 50 yuan; the latest price of Ningxia 6517 was 5380 yuan, with no daily change and a weekly increase of 80 yuan; the latest price of Guangxi 6517 was 5500 yuan, with no daily change and a weekly increase of 50 yuan; the latest price of Guizhou 6517 was 5450 yuan, with no daily change and a weekly increase of 50 yuan; the latest price of Yunnan 6517 was 5450 yuan, with no daily change and a weekly increase of 50 yuan; the latest price of Guangxi 6014 was 5100 yuan, with no daily or weekly change; the latest price of Ningxia 6517 among traders was 5380 yuan, with no daily change and a weekly increase of 80 yuan; the latest price of Jiangsu 6517 among traders was 5540 yuan, with no daily change and a weekly increase of 90 yuan [2]. Supply - The monthly production volume of 136 silicon ferroalloy enterprises in China from 2021 - 2025 is presented, along with the weekly production volume of 136 silicon ferroalloy enterprises in China (with a production capacity accounting for 95%) during the same period; the monthly production capacity utilization rates of 136 silicon ferroalloy production enterprises in Inner Mongolia, Ningxia, and Shaanxi from 2021 - 2025 are also shown [5]. - The weekly production volume of silicon manganese in China from 2021 - 2025 is given, as well as the monthly procurement volume and price of silicon manganese 6517 by Hebei Iron and Steel Group during the same period [7]. Demand - The monthly estimated and revised production volume of crude steel in China from 2021 - 2025 is provided, along with the monthly production volume of stainless - steel crude steel in China during the same period; the monthly procurement volume of FeSi75 - B by Hebei Iron and Steel Group from 2021 - 2025 is also presented [5]. - The monthly demand volume of silicon manganese in China (according to Steel Union's data) from 2021 - 2025 is shown, along with the monthly export volume of silicon manganese in China during the same period [8]. Inventory - The weekly inventory of 60 sample silicon ferroalloy enterprises in China from 2021 - 2025 is presented, including the weekly inventory in Ningxia, Inner Mongolia, and Shaanxi; the daily total number of silicon ferroalloy warehouse receipts on CZCE from 2021 - 2025, the daily valid forecast, and the daily sum of warehouse receipts and valid forecast are also given; the monthly average available inventory days of silicon ferroalloy in East China, South China, and the North Region from 2021 - 2025 are shown [6]. - The daily total number of silicon manganese warehouse receipts on CZCE from 2021 - 2025, the daily valid forecast, and the daily sum of warehouse receipts and valid inventory are presented; the monthly average available inventory days of silicon manganese in China from 2021 - 2025 and the weekly inventory of 63 sample silicon manganese enterprises in China during the same period are also shown [8]. Cost and Profit - The electricity prices of ferroalloys in Qinghai, Ningxia, Shaanxi, and Inner Mongolia from 2021 - 2025 are presented, along with the market price of blue carbon small materials in Shaanxi, the operating rate of blue carbon in China, the production gross profit of blue carbon in China, the market price of 98% silica in the Northwest Region, and the market price of 70% Fe iron oxide scale in Shijiazhuang; the production cost of silicon ferroalloy in Ningxia and Inner Mongolia from 2021 - 2025, the profit of Ningxia silicon ferroalloy converted to the main contract, the spot profit of Ningxia silicon ferroalloy, the export profit of 75 silicon ferroalloy, and the profit of Inner Mongolia silicon ferroalloy converted to the main contract are also shown [6]. - The production cost - related prices of silicon manganese, such as the ex - factory price of chemical coke in Ordos, the aggregated prices of various manganese ores at Tianjin Port and Qinzhou Port, are presented; the profit of silicon manganese in Inner Mongolia, Guangxi, the North Region, and the South Region (according to Steel Union's data) from 2021 - 2025, the profit of Guangxi silicon manganese converted to the main contract, and the profit of Ningxia silicon manganese converted to the contract are also shown [7][8].

Report Date - The report date is May 13, 2025 [3] Price - The latest prices of different grades of ferrosilicon and silicomanganese in various regions are presented, along with their daily and weekly changes. For example, the latest price of Ningxia 72 ferrosilicon is 5400, with a daily change of 50 and a weekly change of -50 [1] - Price trends of ferrosilicon and silicomanganese from 2021 to 2025 are shown in multiple charts, including market prices, contract closing prices, and basis differences [2][6] Supply - Production - related data of ferrosilicon and silicomanganese are provided, such as the monthly and weekly production of 136 ferrosilicon enterprises in China, and the production of silicomanganese in China [4][6] - Capacity utilization rates of 136 ferrosilicon production enterprises in Inner Mongolia, Ningxia, and Shaanxi are presented [4] Demand - Demand - related data include the estimated and actual monthly production of crude steel in China, the production of stainless - steel crude steel in China, and the procurement volume and price of ferrosilicon and silicomanganese by Hebei Iron and Steel Group [4][6][7] - The export volume and average price of ferrosilicon and silicomanganese are also shown [4][7] Inventory - Inventory data of ferrosilicon and silicomanganese are provided, including the weekly inventory of 60 sample enterprises of ferrosilicon in different regions, and the daily inventory - related data such as warehouse receipts, effective forecasts, and inventory + effective forecasts of ferrosilicon and silicomanganese [5][7] - The inventory average available days of ferrosilicon and silicomanganese in different regions and in China are presented [5][7] Cost and Profit - Cost - related data include electricity prices in different regions for iron alloys, the market price of semi - coke in Shaanxi, and the prices of various manganese ores [5][6] - Profit - related data such as the production profit of semi - coke in China, the profit of ferrosilicon in Ningxia and Inner Mongolia, and the profit of silicomanganese in different regions are provided [5][7]

1. Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints - No clear core viewpoints presented in the given content 3. Summary by Related Catalogs Price - For silicon ferroalloy, prices vary by region and grade. For example, the latest price of 72 silicon ferroalloy in Ningxia is 5350, with a weekly change of -150, and the factory price converted to the futures price is 5610 [1]. - The price trends of silicon ferroalloy and silicon manganese alloy in different regions from 2021 - 2025 are presented through various price charts, including market prices, futures contract closing prices, and basis prices [2][6]. Supply - The production data of 136 silicon ferroalloy enterprises in China from 2021 - 2025 are shown, including monthly and weekly production, and capacity utilization rates in Inner Mongolia, Ningxia, and Shaanxi [4]. - The production data of silicon manganese alloy, such as weekly production in China, procurement volume and price of Hebei Iron and Steel Group, and enterprise start - up rates from 2021 - 2025 are provided [6]. Demand - Demand - related data include the estimated and actual production of crude steel in China, production of stainless - steel crude steel, and demand for silicon manganese alloy in China from 2021 - 2025 [4][7]. - The procurement volume of FeSi75 - B by Hebei Iron and Steel Group is also presented as an indicator of demand for silicon ferroalloy [4]. Inventory - Inventory data of silicon ferroalloy include the inventory of 60 sample enterprises in China, Ningxia, Inner Mongolia, and Shaanxi, as well as warehouse receipts, effective forecasts, and inventory average available days in different regions from 2021 - 2025 [5]. - For silicon manganese alloy, inventory data such as warehouse receipts, effective inventory, and inventory of 63 sample enterprises in China from 2021 - 2025 are provided [7]. Cost and Profit - Cost - related factors for silicon ferroalloy include electricity prices in different regions (Qinghai, Ningxia, Shaanxi, Inner Mongolia), market prices of raw materials like blue charcoal, and production costs in Ningxia and Inner Mongolia from 2021 - 2025 [5]. - Profit data of silicon ferroalloy include spot profit in Ningxia, export profit of 75 - grade silicon ferroalloy, and profit converted to the main futures contract in Inner Mongolia and Ningxia from 2021 - 2025 [5]. - For silicon manganese alloy, profit data in Inner Mongolia, Guangxi, and the profit converted to the main futures contract in Guangxi and Ningxia from 2021 - 2025 are presented [6][7].