Ferrosilicon traders eye price recovery

Aug 02, 2013 | 03:08 PM | Daniel Fitzgerald

Tags  ferrosilicon prices, ferrosilicon, antidumping petition, ferrosilicon imports, China ferroalloys, Daniel Fitzgerald

NEW YORK — Ferrosilicon traders are looking to boost prices as the market awaits the outcome of a recently filed trade complaint, while little impact is expected from China’s plans to shut ferroalloys production capacity.

Ferrosilicon remains at 88 to 90 cents per pound, with little new business reported. However, traders flagged up imminent price rises as the market awaits the outcome of an anti-dumping petition filed against imports from Russia and Venezuela (amm.com, July 22).....

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