Indian ferroalloy prices FeMn SiMn FeSi FeCr.

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Bulk Ferroalloy Prices.

Steelmaking input costs - ferroalloys - historic price trends


Indian ferroalloy export prices, $ / metric tonne
YearMonthHC FeMnSiMnFeSiHC FeCr
201111197120316361280
201121226120416431311
201131172117816501319
201141188119216771389
20115114211631602961
201161202116516941356
201171192116716151290
201181122112816241225
201191111111815311225
2011101080113614981205
2011111060103614651170
20111295897613601216
2012173986712751168
2012298898313601189
20123986102413201154
20124101695514621197
201251026110614401226
201261035111013451245
201271023106213361177
201281014104513861180
20129982103914551200
201210964102315251137
20121195998817601077
20121295697915071107
2013195698614871120
20132102099816201162
20133974100314581156
20134960100715761173
20135965100215601244
2013691394514111158
2013791092214121157
2013885888213081097
20139104887612821095
20131088389112981088
20131188789013121076
20131288690913191077
2014190190213241094
2014291991213451062
2014395792513871074
2014493894413751067
2014595597014051074
2014695998114141067
2014798210031414902
20148955100014191106
2014995899114251092
20141096597414371092
20141195695813911045
20141293592513611070
2015189691013161070
201528658611330932
2015384183412421037
2015481379412071029
2015581077412271030
2015678877312351035
2015776176412211029
2015875877112391029
2015972876412221022
2015106997391197965
2015116617151358901
2015126345541357897
201615946181526846
201626686051195803
201636506411046788
201646457551034771
201656947561099782
201666627051273812
201676816711348897
201686526811230923
201696977261363943
2016107457801207936
20161180889412541021
2016121027100511371167
201711168102611751459
201721152100012051484
20173109193412351417
20174105591011721409
20175109395413561399
20176110198512461160
201771142100514301012
20178113210411432993
201791142104013591061
2017101169106813281203
2017111150106513931229
2017121143105014191189
201811146107515701127
201821200109315681154
201831234111416911177
201841226111116311226
201851253107316271198
201861137102715581253
20187111497615941189
20188113698814491133
20189107497413221121
201810110496613461083
2018111103100413671072
201812109795314271015
2019110809481383999
2019210719501321986
20193108096313611033
20194106395613941059
20195107597013411058
20196106297211771014
2019710539741295941
2019810749431375994
201999969421222924
2019109718961208920
2019119498441191914
2019129158341131897
202018988781111835
202029078861218849
202039038971266834
202048909201677812
202059349211523851
202068949001389881
202078448661636891
202088588421299864
202098398571312877
2020108408421481879
2020118228281356886
2020128228391317886
202118768881563910

Table last updated: 12th April 2021. Next update: ~ 12th July 2021.


Notes and definitions

1) Figures above are average monthly fob export [not spot ]prices for bulk steelmaking ferroalloys shipped from India. All prices are expressed in US dollars per metric tonne.

2) The price data is for ferro-manganese, harmonised system code 720211 (FeMn, containing by weight more than 2% of carbon); ferro-silico manganese, HS code 720230 (SiMn); ferro-silicon, HS code 720221 (FeSi, containing more than 55% of silicon by weight); and high carbon ferrochrome, HS code 720241 (FeCr, containing more than 4% of carbon by weight).

3) Note that latest price points (the last one or two months in particular) may change, as additional customs data becomes available.

Further information

Ferroalloys are alloys of iron that contain a high percentage of one or more non-ferrous metals as alloying elements. Ferro-alloys such as ferromanganese and ferrosilicon are used for the addition of elements such as manganese, silicon and carbon into liquid steel. Ferroalloys usually have lower melting ranges than pure metal elements and can therefore be incorporated more readily in the molten steel. They are added to liquid steel to achieve a specified chemical composition and provide properties needed to make particular products.

The principal ferroalloys are those of chromium, manganese, and silicon. Chromium provides corrosion resistance to stainless steels. Manganese is important for counteracting the harmful effects of sulphur in the production of most steels as well as cast iron. Silicon is used primarily for deoxidation during steelmaking and as an alloying agent in the production of cast iron.

Ferromolybdenum (FeMo) improves weldability, corrosion and wear resistance. Ferrotitanium (FeTi) is usually used as a cleansing agent - the titanium is highly reactive with sulfur, carbon, oxygen, and nitrogen, and forms insoluble compounds with these elements which may then be sequestered in slag. For these and other ferro-alloy prices including ferrovanadium (FeV), ferrotungsten (FeW), ferroboron (FeB), and ferrophosphorus (FeP) etc please contact us.





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