Elkem ASA – Ferrosilicon price increase in EU
Oslo, 10 November 2026
Elkem will increase its ferrosilicon sales prices in the EU by a minimum of 10 per cent compared with third-quarter 2026 levels, effective immediately or as contracts allow.
The price adjustment reflects sustained increases in key industry cost drivers, including coal and energy prices, as well as broader inflationary pressures. While Elkem’s efficiency initiatives have helped offset part of these increases, current cost levels require corresponding adjustments to sales prices.
Elkem is committed to serving its customers and continues to invest in the reliability and long-term performance of its production assets. These investments are essential to maintaining security of supply and consistent product quality for the critical downstream value chains Elkem serves.
For further information, please contact:
Odd-Geir Lyngstad
VP Finance & Investor Relations
Tel: +47 976 72 806
Email: odd-geir.lyngstad@elkem.com
Marianne Stigset
VP Corporate Communications & Public Affairs
Tel: +47 411 88 482
E-mail: marianne.stigset@elkem.com
About Elkem
Elkem is a global metals and industrial materials company advancing the essential materials modern society depends upon. Established in 1904, Elkem holds leading positions in silicon, ferrosilicon, foundry alloys, specialty applications such as microsilica, and carbon solutions, supplying high-performing products that enable industries to build, power and connect the world. Elkem is headquartered in Oslo, Norway, has a global footprint across five continents and is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com
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