Macedonia-based ferro-silicon producer Yugochrom will ramp up output again in April on stronger markets, after shutting production late last year in response to the poor prices at the time, an executive at its owner Camelot Group told Metal Bulletin.
The company, whose main customers are the steel mills of southern Europe, the Balkans and Turkey, will be producing 5,500 tpm of ferro-silicon again from next month, Maxim Moskalev, the gm of Camelot Group, said. The price of ferro-silicon, which is used as a deoxidant in steel blast furnaces, has risen to €1,220-1,260 ($1,628-1,682) per tonne in-warehouse from €1,080-1,140 in January, while ferro-manganese prices have climbed yet more strongly. Ferro-manganese is trading at €975-1,000 per tonne in Europe, up from €780-830 per tonne at the start on January. The company’s 75% ferro-silicon production is well sold,...
