GLOBAL FERRO-SILICON SNAPSHOT: Electricity cost issues fuel Chinese price gains

August 14, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in Europe, China and the United States on Friday August 13.


China

The ferro-silicon price in China strengthened week on week amid generally positive sentiment, with overall supply failing to meet demand due to electricity cuts in many provinces. In addition, the rising ferro-silicon futures, coupled with the elevated Chinese price for magnesium - the key consumer of 75% ferro-silicon - underpinned the high ferro-silicon price even though deals and inquiries were quite thin. Under the country's carbon-neutralization policies, rising costs for semi-coke...

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