Iran Ferrosilicon (FRIS) Raises Ferrosilicon Price Again, to 3,530,000 Rials a Kilogram

Iran Ferrosilicon (FRIS, known as Faros) said in a Group A Codal disclosure on Sunday, 8 November 2026 (17 Aban 1405) that it has raised the selling price of ferrosilicon 60-10, its main product, from 3,059,000 to 3,530,000 rials per kilogram, an increase of about 15.4%. Under the form, the Ferroalloy Employers' Guild Association issued the permit on 17 Aban (8 November) and the new rate applies from 16 Aban (7 November).

The price is for bulk sales, with 15,000 rials added for packaged product. The company says this product made up 90% of last fiscal year's revenue. On 15 Mehr (7 October 2026) Faros had announced the 3,059,000-rial rate. The disclosure does not estimate the final financial effect, and a higher selling price does not mean an equal rise in profit.