GLOBAL FERRO-SILICON SNAPSHOT: Increased tariffs, bullish futures market bolster Chinese prices

Key data from Fastmarkets’ Friday May 14 pricing sessions in China, the United States and Europe.



China

The rise in upstream raw materials along with strong magnesium prices lent support to China's ferro-silicon prices. In alignment with the carbon neutralization policy, many steel mills in China have gradually shifted raw materials to steel scrap from iron ore and started to import large amounts of steel scrap. Ferro-silicon, which has served as a warming agent in...

Published

Chris Kavanagh

Declan Conway

Jessica Long

May 14, 2021

19:53 GMT

New York; Shanghai; Galway, Ireland