More buying interest from steelmakers is expected in the next few weeks and there should be an increase in inter-merchant trading in that time.

The manufacturer's confidence was very good, and the market was mainly strong.

At present, "out of stock" is still the main theme.

“We do have fewer blast furnaces as a percentage of our steelmaking in the United States,” Anderson noted.

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

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.

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

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