May 2012 | Steel Raw Materials
Ferro-silicon supply is adequate for feedstock plants in Europe: Ferro-alloy Highlights
China spot activity limited as market participants focus on their long-term contract commitments.
The European ferro-silicon spot market price has widened in its current range at around 1,230-1,290/tonne ($1,570-1,647/tonne) delivered. Illiquid trading conditions after the recent settlement of quarterly delivery contracts have prompted a greater spread of price offers. Most of the bigger steel plants in northern Europe have been operating at 75% of their output capacity this year, with operating levels at a peak in Germany at some 80%...
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