DLA won’t sell ferrochrome released from reserve

May 04, 2012 | 02:31 PM | Thorsten Schier

Tags  DLA, low-carbon ferrochrome, high-carbon ferrochrome, ferrochrome prices, Thorsten Schier

NEW YORK — DLA Strategic Materials will not introduce to the market 104,000 tons of high-carbon ferrochrome and 46,000 tons of low-carbon ferrochrome released from a strategic reserve to its saleable stockpile.

However, the agency will continue sales of already-available low-carbon ferrochrome for the rest of the fiscal year.

"Sales under the basic offering agreement are expected to continue, with potential twice-monthly offerings of low-carbon material from the Ravenna, Ohio, and Point Pleasant, W.Va., locations," the agency said.....

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