US ferrosilicon now at US$3.20/lb or US$7053/tonne , unbelievable.
I doubt whether OMH will get much benefit this side of Xmas, but 2022 will be a bonanza
The US ferrosilicon market keeps setting records on the upside. Spot commodity-grade 75% was booked at $3.20 and was headed up. And, there were reports that index contracts were booked at a premium, not a discount. The premium varied if the low or the mid-point of the index was used.
Column 1 0 US FeSi, the sky is the limit on prices
by alanpatrickryan
https://intherightvein.com/2021/10/20/us-fesi-the-sky-is-the-limit-on-prices/
"Dark Horse" Spot Silicon Manganese Soared 12.28% This Week, page-343
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