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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