[Shi Wanli, Secretary General of Ferroalloy Association: ferroalloy production capacity is still relatively excess] Xinhua News Agency, June 15, talking about the current situation of the ferroalloy industry, at the ferroalloy online 2023 International Ferroalloy Conference held this morning, Shi Wanli, secretary general of China Ferroalloy Industry Association, said in a speech that the market performance of the ferroalloy industry this year may be divided into two regions, that is, "low before" and "stable after". As for the "medium to high" predicted by some people, it may not appear. Shi Wanli pointed out that from January to April 2023, China's alloy output was 11.6811 million tons, a decrease of 40700 tons compared with the same period last year. For the ferroalloy industry, which is a traditional basic raw material industry, its production capacity is still relatively excess. It is expected that the distribution pattern of the alloy industry will change greatly in the future. Declining demand and long-term persistent losses are severe challenges for some alloy varieties and production enterprises. (financial Associated Press reporter Xing Qixin)