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Erdos shares fall over 7% on ferrosilicon futures drop

Erdos Co. shares fell over 7% after ferrosilicon futures declined. The company responded that its dual main businesses—cashmere clothing and power/metallurgical chemicals—are operating normally, with ferrosilicon accounting for a higher revenue share. It noted that ferrosilicon’s main downstream is steel mills and referred to official announcements for specifics.

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