News and Events

Ferrosilicon dealers are reporting steady enquiries since the end of the Diwali festival and although not many deals sealed yet, as retail prices remain around INR75000t ex warehouse, different reasons are being advanced for what is turning out to be quick and steady market return to normalcy. Citing a 200t-worth of ferrosilicon enquiries received in Gujarat, a trader claimed to have failed in getting the contract as the prices quoted by him was lower and the prices started pciking up once the southern belt Ferro silicon producers decide to stop their production due to high cost of power,power shortage and poor demand.