Ferroglobe PLC

The European Commission has initiated a formal interim review of the anti-dumping duties on silicon metal imports from China, based on an application by Euroalliages dated July 8, 2026. It is examining whether Chinese silicon metal was sold into the EU below fair value and whether this caused material injury to EU producers. The measure follows other trade defence actions already affecting Ferroglobe, and CEO Marco Levi stresses the need to restore fair competition in light of a shift in production to Angola. » More on de.investing.com

At the Midwest IDEAS conference, Ferroglobe reported that despite strong market pressure from silicon metal dumping from China and Angola, it is pursuing a realignment toward critical raw materials, extensive cost cuts and balance-sheet tightening. Net debt has been reduced from more than $500 million in 2021 to $131 million, but EBITDA for 2024 was only $28 million, limiting capital expenditures and share buybacks. Management is targeting 30–40% efficiency gains, is evaluating reactivation of low-cost plants in Venezuela and plans expansions into magnesium, antimony, silver, gallium and ferroalloys—with interest from the U.S. Department of Defense. Ferroglobe also holds a $17 million stake in Coreshell Technologies for development of silicon anodes for batteries, with revenues expected no earlier than 2027–2028. » More on de.investing.com

Ferroglobe reported an adjusted EPS of $0.00 and revenue of $378.6 million for Q2 2026, each slightly above analysts' estimates. Adjusted EBITDA rose to $13 million and free cash flow turned positive to $20 million, supported by a $28 million release of working capital. Shipments increased 7%, notably silicon metal up 34%, and the EBITDA margin improved to 3.5%. Management highlights expansion opportunities in critical raw materials (magnesium, ferromolybdenum, gallium) and expects initial commercial activities before the end of 2026; share buybacks remain suspended for now. » More on de.investing.com

Ferroglobe saw shipments rise 7% to 177,000 tons and sales increase 6% to $348 million in Q1, driven by stronger silicon-based and manganese alloy volumes. Despite higher volumes, adjusted EBITDA fell to $3 million and free cash flow was negative due to higher energy, transport and raw material costs and a $13 million working capital build. Silicon metal volumes and prices were hit by low‑priced imports, prompting conversion of furnaces to ferrosilicon, while alloys benefited from trade safeguards. Management narrowed a roadmap to 10 critical materials, is evaluating reopening Venezuelan assets, and increased its strategic battery exposure via a roughly $70 million investment in Coreshell with a multi‑year silicon supply agreement. » More on finance.yahoo.com

Ferroglobe reports a 19% decline in revenue to USD 311.7m in Q3 2025 and lower shipment volumes; adjusted EBITDA remained positive at USD 18.3m and free cash flow was USD 1.6m. Silicon metal volumes in Europe fell sharply due to cheap imports from China, while the silicon- and manganese-alloy segments showed differing earnings trends. Management expects relief in 2026 from anticipated trade measures in the US and EU and highlights strategic progress such as the partnership with Coreshell and new energy agreements. » More on de.investing.com