AMM
September 29, 2014
By Daniel Fitzgerald

Errors claimed in FeSi case vs. Russia

 

NEW YORK - Globe Specialty Metals Inc. and CC Metals and Alloys LLC have filed a complaint against the U.S. Commerce Department, claiming the agency made numerous errors as part of its anti-dumping investigation into imports of Russian ferrosilicon.

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Ryan’s Notes
September 26, 2014

Global FeSi markets on watch list

Buyers and sellers were closely monitoring the US and European ferrosilicon markets this past week. In Europe, sources indicated that current contract negotiations and supplemental spot transactions were adding some pressure to current prices. Prices have moved higher on the heels of multiple deals, to €1,150-1,190 per mt, DDP. The market was especially tight for specialty grades, due to restrictions in Brazil, while some imports of lower quality material were still being cited as a bit of a drag to the apparent rise in price for standard grade ferrosilicon in Europe.

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AMM
September 22, 2014
By Daniel Fitzgerald

FeSi prices narrow as market diverges

NEW YORK - Ferrosilicon spot prices have begun to diverge, with some traders reportedly chasing sales in order to liquidate their positions while others are holding firm at around $1 per pound.

The ferrosilicon price range widened to 95 cents to $1 per pound from 97 cents to $1 previously.

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Ryan’s Notes
September 19, 2014

Euro manganese alloys see lift, US differs

Prices for European silicomanganese were on the upswing this past week, climbing to €820-870 per mt, DDP. Volumes were somewhat substantial given a previously quieter market earlier this quarter. Sources noted that steady intake and a slight rise in spot demand, coupled with tighter spot availability among select producers, have led to higher price tags in the past two weeks.

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Ryan’s Notes
September 15, 2014

US awaits ferrosilicon direction

Market sources were quick to comment on speculation surrounding Globe Specialty Metals and CC Metals and Alloys' intentions to appeal the US International Trade Commission's decision with regard to antidumping duties on Russian ferrosilicon. It could be 30 days following the August 29th filing before any additional details are divulged and what the next steps could be. Sources suggested that the appeal could drag out for another year.

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