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European ferrosilicon prices fall


By the downstream steel market impact, ferrosilicon price shocks down, Europe ferrosilicon prices after two weeks of stability, fell again. The United States and ferrosilicon prices continued to maintain stability, the most interesting is the Chinese 75# ferrosilicon prices fell significantly faster. It is understood, dealers said, by the positive impact of the international steel market, mid November in Europe since the scrap market rose slightly, and the Turkish scrap market weakness, Europe scrap prices may remain stable. But there are also those who said, winter scrap supply small, may promote the scrap prices. But Europe scrap market rose slightly did not bring maintenance and stability of ferrosilicon prices in Europe, but continued to fall, the reason is still ferrosilicon downstream due to low demand and scrap market rose slightly to positive silicon city.