Supply-side disruptions will likely continue well into 2022 with production cuts in China and capacity in other regions insufficient to meet demand amid persistent logistics constraints, panelists said on Sunday November 14 during Fastmarkets' International Ferro-alloys Conference.
In a poll during the session titled "Macrotrends for the Ferro-alloys Industry" attendees also supported this forecast, with 60% of delegates at the event in Prague, the Czech Republic, expecting supply-side disruptions to continue next year while 20% of attendees anticipate volatile prices as a result."For the last two decades we have been in a very fortunate position in which we had supply from China on demand, and the country could bring more ferro-alloys capacity to supply the rest of the world," Canada Nickel Co chief executive officer Mark Selby said. "But the one fundamental change is the fact [that] China isn't going to provide that extra supply...