GLOBAL FERRO-SILICON WRAP: European prices hit six-year peak on tight supply

摘要

The European spot ferro-silicon market hit its highest point in sixyears during trading over the week ended Friday March 31 on tightsupply against steady demand from steel mills and foundries.European spot ferro-silicon spot prices were in an unusually widerange of ?1,180-1,350 ($1,257-1,439) per tonne as volatility increased inline with business. Spot prices were at ?1,310-1,450 per tonne in May2011, a year when the market peaked at ?1,450-1,510 per tonne inJanuary, according to Metal Bulletin historical price data.