Ferro Silicon market sees no changes in terms of prices, with sources continuing to cite a moderately traded market.
Ferro Silicon Prices in Bhutan remain static due lackluster demand along with limited supply. Currently grade70-75 is being offered around INR 65,000/MT (Ex-Bhutan). Export offers from Bhutan could not be confirmed as there is an absence of bids and deals.
Indian Ferro Silicon Market Keeps Steady
Indian producers also keep ferro silicon prices firm aided by stable prices in Bhutan. Current price grade 70-75 is around 63,000/MT (Ex-Guwahati). Sources in the market continue to suggest that stable prices to continue in the market and believe that the market condition is unlikely to change in the near future.
SteelMint learned from market sources that in the coming 1-2 weeks, Ferro Silicon market should not undergo much change in terms of prices.
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