Europe steady but tightness starts to show
- European market steady but some sources start to notice tightness
- Chinese domestic alloy prices steady amid lower availability
- Chinese export market flat on reduced inquiries
- US market static on limited consumer buying.
The European ferro-silicon market has been steady over the past week amid limited spot activity, with consumers looking toward price negotiations for 2020.
Fastmarkets assessed the price of ferro-silicon, lumpy, basis 75% Si (scale pro rata), delivered Europe
, at €900-920 ($1,005-1,027) per tonne on November 1, unchanged from a week earlier.
Despite the lack of trading, market insiders estimated that the price was at the top end of the range, although some higher offers were...