Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

May 2015 | Steel Raw Materials


Demand supports Indian FeSi, but not silicon metal: Ferro-alloy Market Analysis


In contrast to the ferro-silicon market where demand is improving, the Indian silicon metal market has reacted to weaker demand, with suppliers cutting offer prices for 5-5-3 grade to about Rs132-135/kg ($2.0-2.1/kg).

Sentiment has improved in the Indian ferro-silicon market amid new buying enquiries from domestic steelmakers, although prices have yet to reflect that demand as supplies are plentiful at present. Bhutan-based ferro-silicon is being offered at Rs65,000/t ($1,016/t), while both producers and traders have been aggressively competing to cut their existing stock levels. Ferro-silicon 70-75% grade material is available at Rs64,500-66,500/t ex-warehouse. The market may dip in the near term before climbing in June as inventories are depleted, as long as renewed demand from steelmakers persists....

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?