LONDON, March 25 (Reuters) - Steel ingredient ferro silicon jumped to a 16-1/2 month high this week, as traders said supply tightness and an uptick in demand helped push prices higher. Ferro silicon traded at $1,750/$1,950 a tonne compared with $1,375 a tonne last week, to touch a level not seen since early November 2008. "We seem to be on quite a steep curve upwards," said one trader. "It just takes a few traders -- we're a very small bunch of people trading this in Europe." "It's ...
Premium Content (PAID Subscription Required)
"Ferro silicon at near 17-mth high on supply tightness" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.