Ferroalloys put steelmakers at mercy of global market
May 29, 2012 | 04:42 PM
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Tags
ferroalloy market,
US ferroalloys market,
U.S. Geological Survey,
China ferroalloys,
There has been a continuing decline in ferroalloys production in the United States during the past decade, even as overall global output has increased, according to the U.S. Geological Survey (USGS).
The North American decline can be attributed to a number of factors, including the shift of ferroalloys production to ore-producing countries, the USGS said. This trend was clearly observed by the 1980s, but U.S. production began to decrease as early as 1970 and imports subsequently rose. ....
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