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 prices of raw materials and high energy costs have continued unstoppable. Thus, FEAF has shown its extreme concern about the market situation and the costs that companies are bearing, specifically electricity and gas. For all these reasons, from FEAF, we see the need to permanently monitor two reference energy indices, OMIE Market + Adjustment (as from June 15th 2022) for electricity and TTF for natural gas.

OMIE Market + Adjustment 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

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

Source: European Energy Exchange