Ferrochrome prices up on producer push
Apr 13, 2012 | 04:41 PM
| Thorsten Schier
Tags
low-carbon ferrochrome
NEW YORK — Low-carbon ferrochrome producers, who have been unhappy with the narrow spread between low- and high-carbon ferrochrome prices this year and a growing discount to the European market, have been pushing up prices.
"There’s been a serious effort by the big producers to get the price up to a more traditional premium (to high-carbon ferrochrome), and it’s slowly gaining some acceptance from people," one trader said.
Prices for 0.10-percent low-carbon ferrochrome rose to between $2.13 and $2.17 per pound Thursday from $2.10 and $2.12 per pound previously. Prices had been stuck in a range between $2.08 and $2.12 per pound since mid-February. ....
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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here