Ferrochrome prices continue to fizzle
Jul 20, 2012 | 03:38 PM
| Thorsten Schier
Tags
High-carbon ferrochrome,
price trends,
imports,
supply/demand balance,
spot market,
contract business,
supply overhang,
Thorsten Schier
NEW YORK — High-carbon ferrochrome prices continue to soften as suppliers chase diminishing spot business with no signs of any impending tightness in supply.
"There seem to be a lot of willing sellers out there," a consumer source said.
Spot transactions remain slow over the traditionally quiet summer months as stainless mills are seeing a dearth of service center buying brought on by declining nickel prices.....
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