GLOBAL FERRO-SILICON SNAPSHOT: US spot prices continue to surge on limited spot supply

摘要

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday March 20. ? The Chinese ferro-silicon spot price held steady despite Hesteel, the second-largest steel mill in China, slashing its March tender prices for 72-grade alloy to 5,850 yuan ($833) per tonne, 1,050 yuan lower than in the previous month. ? Spot alloy prices have reached a bottom and there is hardly any space to drop further, sources said. ? The export market remained lackluster with light spot trading activity.