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South Korea imports 8417.40 tons of ferrosilicon (Si≤55%) from January to July 2024.

South Korea imports 17890.30 tons of ferrosilicon (Si>55%) in July 2024.

Ferro silicon prices in India were INR 88,400/t ($1,053/t) exw-Guwahati, as an assessment on 12 August. Bhutan's prices also fell by INR 1,200/t ($14/t) w-o-w to INR 89,800/t ($1,069/t) exw.

US producers claim that the price spread on ferrosilicon sourced from Russia,Kazakhstan, Malaysia and Brazil is as high as 212%, which is seriously damaging the local industry.

Indian ferro silicon (FeSi:70%) prices remained largely stable, with a minor drop by INR 50/t ($1/t) ex-Guwahati and Bhutan.

India: RINL conducts a reverse auction for 1,700 t of ferrosilicon.

Silicon prices in Europe have undergone a sustained price rally since early December.

Plans to construct a state-of-the-art plant to produce ferroalloys in Ekibastuz, Pavlodar Region, with a production capacity of 80,000 tons of ferrosilicon annually, were announced during a Dec.