Ferroglobe: A Bet On Protectionism In The U.S. And EU

Company Overview - Ferroglobe PLC (NASDAQ: GSM) is a global producer of silicon metal and ferrosilicon/ferromanganese alloys, primarily serving the aluminum and steel industries [1] - The company is vertically integrated, owning quartz and coal mines in the U.S. and Europe to support its operations, as well as hydroelectric facilities [1] Industry Context - The company operates within the sectors of silicon metal and ferrosilicon production, which are critical for the aluminum and steel industries [1] - The focus on vertical integration allows Ferroglobe to manage supply chains effectively and reduce dependency on external sources for raw materials [1]