Ferroglobe Seeks Trade Protection Against Unfair Silicon Metal Imports

An announcement from Ferroglobe ( (GSM) ) is now available.

On April 24, 2025, Ferroglobe USA, Inc. and Mississippi Silicon LLC filed petitions with the U.S. Department of Commerce and the U.S. International Trade Commission to investigate unfairly priced and subsidized silicon metal imports from Angola, Australia, Laos, Norway, and Thailand. These imports are alleged to have caused significant harm to the U.S. silicon metal industry, with dumping margins reaching up to 337.84%. The petitions seek special duties on these imports to protect domestic production and ensure fair competition. The outcome of these cases is crucial for the sustainability of U.S. silicon metal production, which is vital for national security-related products. The investigations are expected to commence by May 14, 2025, with a preliminary determination by June 9, 2025.

Spark’s Take on GSM Stock

According to Spark, TipRanks’ AI Analyst, GSM is a Neutral.

Ferroglobe’s overall stock score reflects a combination of strengths and weaknesses. The company shows solid financial stability with improved cash flow management and reduced leverage. However, challenges remain in terms of declining revenue, high valuation, and uncertain market conditions. The technical indicators suggest caution, with the stock trading below key moving averages. The earnings call provided a balanced view of opportunities and risks, contributing to a moderate score.

To see Spark’s full report on GSM stock, click here.

More about Ferroglobe

Ferroglobe PLC is a leading global producer of ferrosilicon, silicon metal, and manganese-based alloys, catering to diverse industries such as solar, automotive, consumer products, construction, and energy. The company operates metallurgical manufacturing facilities across several U.S. states, including Ohio, West Virginia, South Carolina, Alabama, Indiana, Florida, and Kentucky. Mississippi Silicon LLC, a partnership involving Rima Holding USA, Inc. and Clean Tech I LLC, operates in Burnsville, MS, and serves industries like aluminum, automotive, and chemicals.

YTD Price Performance: -4.22%

Average Trading Volume: 1,119,542

Technical Sentiment Signal: Buy

Current Market Cap: $682M

See more insights into GSM stock on TipRanks’ Stock Analysis page.