GLOBAL FERRO-SILICON WRAP: Firmer fundamentals boost China; European market stabilizes after losses, outlook remains weak

摘要

Ferro-silicon prices in China increased sharply in the week ended Friday June 28, following a steady run of five weeks, after lower output and higher futures prices encouraged suppliers to raise their offers ahead of monthly tenders from Chinese steel mills. In Europe, the market has stemmed losses after a sharp fall the week before, but prices are seen as fragile in the near term because some consumers are offering below currently annual low spot prices for prompt and longer-term deliveries.