Key data from Fastmarkets' pricing sessions in Europe, China and the United States on Friday October 1.
China The ferro-silicon price in China went very bullish following the news that Qinghai, a major ferro-silicon production hub in the country, may start power cuts to meet the dual control targets of energy consumption. This has made spot availability even tighter, with many producers holding offers firm. Rising ferro-silicon futures, coupled with the increasing Chinese price for magnesium - the key consumer of 75% ferro-silicon - fueled the high ferro-silicon price. Supply of semi-coke has tightened since Fugu, a ferro-silicon production hub in Shaanxi province, issued instructions for...