Feb. 13 at 4:30 PM
$GSM elkem sees stabalizing prices thanks to the safeguards in europe and the US is showing stable as well. We should be at trough now. Si metal was up slightly in the US. Ferrosi in europe up 20% since safeguards. Interesting elkem's chinese investors spun out elkems silicones business to themselves and are exiting european ferrosi and si metal production. Elkem has been disadvantaged by the structure of the protections in the US and also in the eu, as i understand it, which leaves a great advantage to GSM.
