Ferroglobe shares surge 10.64% premarket as EU safeguard measures boost European operations.

Ferroglobe (GSM) surged 10.64% in premarket trading following the European Commission’s imposition of safeguard measures on ferroalloy imports, which are expected to benefit the company’s European operations. The EU’s country-specific tariff-rate quotas limit duty-free import volumes and establish minimum pricing thresholds, directly addressing the threat of low-cost Chinese imports that had pressured Ferroglobe’s market share. The company’s CEO highlighted these measures as a catalyst for improved market conditions in 2026, reinforcing confidence in its domestic production advantage. The premarket rally aligns with the news, as the policy is projected to reduce import competition and support Ferroglobe’s European business. Retail investor sentiment on Stocktwits also turned bullish, reflecting optimism over the regulatory development.