GLOBAL FERRO-SILICON SNAPSHOT: US supply squeeze forces prices to new heights

Key data from Fastmarkets’ pricing sessions in China, Europe and the United States on Friday October 22.



China
• The price of ferro silicon in China continued to narrow downward following a correction in a previous rally, with many market participants taking a wait-and-see attitude toward the market and an expected steel mill tender in late October.
• Overall supply was still tight, however, because many producers have full order books until November, coupled with news that Inner Mongolia has raised electricity fees to 70 cents per kWh for furnaces of more than...

Published

Chris Kavanagh

Declan Conway

Jessica Long

October 22, 2021

17:55 GMT

Shanghai, New York, Galway