Tight supply driving up Indian FeSi prices

摘要

Indian ferro-silicon prices are on the rise as tight supply offsets the impact of low spot demand from the steel industry, although the government’s decision to once again extend the deadline for ferro-silicon quality certification is easing importers’ concerns about further supply disruptions. Argus assessed prices for ferro-silicon at Rs107,000- 110,000/t ex-works northeast India today, up from Rs102,000-105,000/t on 22 April as they recover from a yearto-date low of around Rs94,500/t in mid-February.