Ferro-silicon prices fell by almost 9% in Europe over the past week, with suppliers cutting their offer prices and doing deals well below the previous market range, sources said.
Steelmakers were already rolling over quarterly settlements into the third quarter from the current quarter, suggesting quieter demand and further downward pressure on spot prices in the coming months, trade sources said."We're not below ?,?1,000 per tonne yet, but we will be next...