Prices and profitability to come up in Q1 due to demand recovery and lower ore prices

摘要

The start of the Q1 contracting has supported the European ferroalloy marketonly slightly. Prices have gone down in November amid cheaper manganeseore and somewhat excessive supply. The average weighted price for SiMn (65Mn; 17 Si) has lost 1.5 reaching EUR 1,014/t DDP, while in late Novembercontracts with end users have been signed at EUR 950?1,000/t DDP. HC FeMnhas been priced at EUR 1,117/t DDP averagely, down 1.