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Nov 14
China
1.The central parity rate of the RMB against the US dollar was reported at 7.0899,an increase of 1008 basis points
2.China's ferrosilicon exports increase quotations
U.S.
1.The U.S.market for ferrosilicon is stable
2.2022-11-14:According to CME's"Federal Reserve Watch":The probability of the Fed raising interest rates by 50 basis points in December to a range of 4.25%-4.50%is 83%
LME
LME decides not to ban Russian metal
Europe
Low carbon chromium market iron prices stable in European market
Sea Freight
Shipping giants warn global trade is falling
India
Indian steel industry growth mainly driven by domestic demand