Elkem Raises EU Ferrosilicon Prices by at least 10%

Key Facts

Elkem announced a price increase of at least 10% for its ferrosilicon products within the European Union. Benzinga reported that the adjustment is aimed at addressing current market conditions and input costs across the EU market.

The price hike follows recent economic data showing a contraction in EU industrial activity, with industrial production falling by 0.5% in the previous reading. Retail sales in the region also showed muted annual growth of 0.4% as of November 6, 2026, highlighting the challenging environment for industrial producers managing rising costs.

The European Central Bank is scheduled to release its Economic Bulletin on November 12, 2026, which may provide further clarity on regional industrial and inflationary trends, followed by monthly industrial production data on November 16, 2026.