Domestic ferrosilicon prices tumble on aggressive selling
May 18, 2012 | 02:49 PM
| Thorsten Schier
Tags
ferrosilicon,
China,
Russia,
Thorsten Schier
NEW YORK — Domestic ferrosilicon prices are coming under pressure as sellers aggressively chase available business following a period of little activity.
"The market is very thin at the moment, so the small amount of business that’s being quoted in an unsettled market environment is distorting the price picture," one trader said, adding that profit margins at the new price levels are slim to nonexistent.....
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