Silicomanganese prices firm as supply tightens

Aug 24, 2012 | 01:40 PM | Thorsten Schier

Tags  silicomanganese, Temco, Metalloys, Felman, Zaporozhye, Stakhanov, Privat, Thorsten Schier

NEW YORK — Silicomanganese prices have firmed for the first time since early March as supply in the domestic market is said to be tightening.

"We’ve seen some push-up on silicomanganese," one trader said. "We sold some material at higher levels this (past) week."

"The guys (consumers) are worried about supply," a second trader said of the reason for the increase, which comes even as prices for most other alloys have been declining steadily over the summer.....

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