Research

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

Change font size:   

November 2019 | Ferro-alloys


Europe sees much-needed price improvement, with further gains expected in Q1 2020: Ferro-silicon Highlights


After stagnating at unsustainably low levels of €900-920 per tonne in recent weeks, increased trading activity has lifted ferro-silicon, lumpy, basis 75% Si (scale pro rata), delivered Europe prices back to €950-1000 per tonne in late November.

The struggles of the European ferro-silicon market were discussed at length at Fastmarkets’ International Ferroalloys event in Budapest last week. The European ferro-silicon market is in the unenviable position of having the lowest prices of the key regional markets, against rising costs, which have driven European ferro-silicon prices well below average production costs in the region. Declining prices relative to costs have prompted production cuts in recent months, with Ferroglobe cutting ferro-silicon production in France, while Norway’s Finnfjord has also announced cutbacks. ...

ACCESS RESTRICTED

To read the rest of this analysis please take a free sample or subscribe


FREE Sample


Receive a free sample of  market analysis and price forecasts.

Free Sample

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?