China ferrosilicon (≤55%) exports in April.

China ferrosilicon (≤55%) exports in Jan-Apr.

Earnings before interest, taxes, depreciation and amortization (Ebitda) 57.77 billion rupees ($764.79 million), down 4% year on year.

But output was unaffected, the company said.

CIS export slab prices have continued to climb in the second half of May, supported by Turkish customers accepting higher-priced deals.

[Ferro-Alloys.com]“The 19-percent slump in ferrosilicon sales quarter-on-quarter was due to our forming a major export batch for our Asian partners, which was shipped after this accounting period’s end. At the same time we increased ferrosilicon sales on the...

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