Weak ferro-silicon consumer demand drives down EU, China prices

Key data from Fastmarkets’ pricing sessions in China, Europe and the United States on Friday December 3.



China

The China ferro silicon market weakened due to lower downstream demand with thin inquiries and deals; most market participants are taking a wait-and-see attitude ahead of the December steel mill tender. The weak ferro-silicon futures also added to the pessimistic market sentiments. The declining Chinese price for magnesium, the...

Published

Chris Kavanagh

Declan Conway

Jessica Long

December 03, 2021

18:35 GMT

New York, Shanghai, Galway