Raw Materials

FEAF publishes monthly the prices of three categories of raw materials for the Foundry sector: Steel Scrap, Iron Ingot and Ferroalloys. These prices are based on market prices and are collected by the FEAF from the information provided by the main consumers in Spain.

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Prices published by FEAF are provided for informational purposes only on the market trends of the prices of the main raw materials for the sector. Although FEAF is very careful regarding the source, preparation, and presentation of published prices, FEAF makes no representation or warranty, express or implied that the information is accurate, complete, or up-to-date, and disclaims any related liability. By accessing the prices published by FEAF, you will be deemed to have understood, accepted and agreed to be bound by the above terms.

High Purity Nodular Ingot

Average purchase prices in the sector in Euro/Tn

Historic Last months

Ferroalloys (1)

Average purchase prices in the sector in Euro/Tn

Historic Last months
Fe Si Piedra Fe Mn Piedra Fe Si Mg

Ferroalloys (2)

Average purchase prices in the sector in Euro/Tn

Historic Last months
Fe Cr Afinado Fe Cr carburado (6-8%C)

Ferroalloys (3)

Average purchase prices in the sector in Euro/Tn

Historic Last months
Fe Mo Ni

Energy

In FEAF we are continuously working to try to advise and help all associated companies in energy management.

Since 2021, increases in energy costs prompted FEAF to see the need for continuous monitoring of two reference energy indices, OMIE for electricity and TTF for natural gas.

NOTE: The values indicated between June 2022 and December 2023 in the OMIE Electricity Index table refer to the price of the OMIE Market plus the temporary adjustment mechanism, based on Royal Decree-Law 10/2022, of May 13, and Order TED/517/2022.

OMIE Electricity Index

€/MWh Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual Average
2019 61,99 54,01 48,82 50,41 48,39 47,19 51,46 44,96 42,11 47,17 42,19 33,80 47,71
2020 41,10 35,87 27,74 17,65 21,25 30,62 34,64 36,20 41,96 36,56 41,94 41,97 33,96
2021 60,17 28,49 45,45 65,02 67,12 83,30 92,42 105,94 156,14 199,90 193,43 239,16 111,38
2022 201,72 200,22 283,30 191,52 187,13 218,82 258,10 308,63 243,95 163,05 124,43 135,29 209,68
2023 70,90 132,06 89,70 73,73 74,21 93,02 90,47 96,05 103,34 90,03 63,45 72,17 87,43
2024 74,10 40,00 20,31

Source: OMIE

TTF Gas Index (End of Day)

€/MWh Ene Feb Mar Abr May Jun Jul Ago Sep Oct Nov Dic Annual Average
2019 21,56 18,12 15,73 15,21 13,44 10,49 10,95 10,11 9,68 10,10 14,42 13,11 13,58
2020 11,27 9,35 8,60 6,57 4,58 4,96 4,84 7,23 11,08 13,83 13,67 16,08 9,34
2021 20,40 17,50 17,70 20,34 25,08 28,92 36,05 43,84 62,38 86,47 80,34 113,48 46,04
2022 83,40 79,90 126,58 99,98 88,55 100,76 167,33 233,73 188,27 76,04 89,64 115,09 120,77
2023 62,33 53,26 44,86 42,39 30,87 31,94 29,06 33,11 36,46 43,33 43,27 34,93 40,48
2024 29,93 25,64 26,68

Source: European Energy Exchange