US ferrochrome prices up on high demand, thin supply
Dec 04, 2007 | 06:46 AM
| Meghann McDonell
U.S. low-carbon ferrochrome prices are soaring on strong demand from the specialty steel and foundry sectors and high-carbon ferrochrome is continuing to climb, market sources said.
Global demand for both grades of ferrochrome is expected to outstrip supply into 2009, they said.
Low-carbon 0.05-percent grade has surged to between $2.25 and $2.40 per pound in the United States from a previous range of $1.90 to $1.95 per pound; 0.1-percent ferrochrome is now $2.15 to $2.30 per pound, up from $1.65 to $1.70 per pound; while 0.15-percent grade is $1.75 to $1.90 per pound, up from $1.65 to $1.70 per pound.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.