Low ferrosilicon stocks catch EU buyers by surprise

Feb 19, 2013 | 11:42 AM | Daniel Fitzgerald

Tags  ferrosilicon, steel, Erdos, Elkem, Janie Davies

LONDON — Ferrosilicon prices continued to rise Feb. 15 after buyers were surprised by the impact on stocks of recent production cuts.
Material traded at €1,090 to €1,140 ($1,456 to $1,523) per tonne, delivered Europe, up from €1,080 to €1,120 at the beginning of the month, when prices had risen by €10 at the high end of the range. ....

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