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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