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Ferroglobe Confirms EU Initiates Review of Antidumping Duties on Chinese Silicon Metal

Ferroglobe confirmed that the European Commission has formally initiated an interim review of antidumping duties currently in force on silicon metal imports from China, covering both dumping and injury, following a request filed by Euroalliages on behalf of the EU silicon metal industry, on July 8. The Commission's decision to proceed follows years of industry-supported data submissions documenting the growth of underpriced silicon metal shipments into the EU, which Ferroglobe management has flagged on successive earnings calls as the principal headwind to the European industry. The investigation will examine whether silicon metal imports from China have been sold into the European Union at less than fair value and whether such imports have caused material injury to EU producers. The action further strengthens a growing series of favorable trade-remedy measures across the Company's operating footprint, including the U.S. ITC's final determinations imposing antidumping and countervailing duties on silicon-based imports from Angola, Australia, Laos, and Norway; EU safeguards on ferrosilicon and manganese alloys in effect since November 2025; and enhanced EU steel safeguards effective since July.

Ferroglobe Q4 Revenue of $329.4M Beats Estimates

Reports Q4 revenue $329.4M, two estimates $293.6M. Dr. Marco Levi, Ferroglobe's Chief Executive Officer, commented, "While market conditions remained challenging in the fourth quarter, we are encouraged by the clear progress on trade enforcement that is reshaping the competitive landscape. The strong preliminary decision in the U.S. silicon metal antidumping and countervailing duty case, together with the finalization of EU trade measures, meaningfully strengthen the outlook for 2026. These actions should enable domestic producers to regain market share and support healthier market conditions. As a leading domestic producer in both Europe and the U.S., and with a strong balance sheet, disciplined cost control, and a competitive long-term French energy agreement in place, we are optimistic that 2026 will mark a substantial improvement in market conditions and financial performance for Ferroglobe."

Ferroglobe reports Q2 EPS (8c) vs. 13c last year

Reports Q2 revenue $386.9M vs. $451.0M last year. Dr. Marco Levi, Ferroglobe's Chief Executive Officer, commented, "While the second quarter was marked by significant external challenges, including aggressive silicon metal imports into Europe from China and broader geopolitical uncertainty, we remain focused on managing what we can control. We are encouraged by the early benefits that we are seeing from U.S. trade actions, and we believe upcoming decisions in both the U.S. and the EU could provide meaningful support for fair competition and improved pricing. As we look ahead to 2026, we expect these tailwinds, along with disciplined execution and prudent capital allocation, to position Ferroglobe for stronger performance and long-term value creation for our shareholders."