DAILY NEW 2022.8.11

　　August 11

　　U.S.

　　The Fed will hike rates for the rest of the year until 2023

　　Europe

　　1.EU’s coal embargo on Russia comes into effect

　　2.European drought causes Rhine water levels to drop,exacerbating energy crisis

　　3.Commercial activity in the European specialty alloy market has almost ceased

　　China

　　1.China's silicon metal export prices rose

　　2.China's ferrosilicon export prices fell

　　Japan

　　The import price of ferrosilicon in the Japanese market fell

　　Brazil

　　Gerdau forecasts upbeat third quarter for steel industry