Increased demand triggers rise in U.S. ferrosilicon market prices
U.S. ferrosilicon prices have risen sharply as anti-dumping investigations against major alloy exporters continue and spot market demand continues to grow. Furthermore, Hainan Asia expects the current dynamics to continue at least in the short term.
U.S. ferrosilicon (75% Si) quotations fluctuated within the range of US$1.25-1.3/lb DDP, with an average increase of US$0.18/lb within two weeks. The changes are due to demand from steel smelters in the local market, who are restocking stocks with cheaper materials amid fears of future shortages. Therefore, the news that anti-dumping duties may be imposed on major supplier countries such as Brazil, Malaysia, Kazakhstan and Russia shocked the market.
Hainan Xia predicts that the recent price increase trend will continue and prices will remain high.
- Export - Metals
- silicon manganese
- Inoculant
- Silicon Carbide
- Recarburizer
- Ferro Silicon
- Silicon Metal
- Ferro Manganese
- High Carbon Silicon
- Nodulizer
- Cored Wire
- Silicon briquette
- Silicon powder /Micro Silicon-Powder
- Silicon slag/Low carbon silicon
- Ferro chrome
- Calcium Silicon
- Electrolytic Manganese Flakes
- Ferro Silicon Aluminum
- Silicon aluminum barium calcium
- Silicon calcium manganese
- Silicon barium calcium
