Prices for low-carbon ferro-chrome in Europe rose to their highest level since November 2008 because of shortages in raw materials supply.

The spot price moved higher for the first time in three weeks, hitting a record high since Fastmarkets started assessing the market in January 1997.

US ferro-silicon market continued to trend upward in the week ending on August 20, 2021.

The 2201 ferrosilicon contract price on ZCE closed at 9,642 yuan per ton on August 23.

The 2201 silicomanganese contract price on ZCE closed at 8122 yuan per ton on August 23.

The 2201 ferrosilicon contract price on ZCE closed at 9,300 yuan per ton on August 20.

The price of raw material semi-coke remained stable at a high level, and the futures continued to rise.

The 2201 silicomanganese contract price on ZCE closed at 7954 yuan per ton on August 20.