Ferroglobe shuts furnaces in Spain due to high energy costs

Spain-based ferro-alloys producer Ferroglobe has temporarily shut another furnace in the country due to expensive energy prices, according to reports and trade sources on Tuesday September 28.

The company, which recently shut a silicon furnace at its Sab??n plant in Spain, has also idled a silico-manganese furnace at its Boo plant in Santander, on the northern coast of the country. Officials at Ferroglobe could not be reached for comment. 
"It is confirmed - Ferroglobe will stop one manganese alloys furnace in Santander (Boo) until the end of this year. The [idled] furnace was producing silico-manganese," an industry source told Fastmarkets.

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