On March 14, SteelOrbis reported US domestic ferrosilicon prices at $1,760-1,790/mt in-warehouse Pittsburgh.
US domestic prices for ferrosilicon are presently at $1,720-$1,765/mt in-warehouse Pittsburgh.
According to sources close to SteelOrbis, the market has weakened slightly as the first quarter closes and sellers are seeking to make last minute deals. However, the market is expected to strengthen early in the second quarter as Chinese and EU prices have increased in the last few weeks.