Profit-taking sinks silicomanganese prices
Mar 30, 2012 | 10:59 AM
| Thorsten Schier
NEW YORK U.S. silicomanganese prices have eased amid profit-taking by market participants holding small stocks of material.
"The guys who bought a couple of hundred tons earlier in the year in the mid-60s (cents per pound) are dumping their positions. But once that material is all sold out, we could see prices pick up again," one trader said.....
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