Sellers try to lock in 2013 ferroalloys contracts

Oct 19, 2012 | 03:43 PM | Thorsten Schier

Tags  ferroalloys, contract talks, 2013 contracts, high-carbon ferrochrome, medium-carbon ferromanganese, molybdic oxide, Thorsten Schier

NEW YORK — Annual ferroalloys contract talks for 2013 are starting to kick off, with buyers reporting an eagerness among suppliers to lock in business for next year.

"Everyone’s knocking on the door. Everyone wants to know what I’m doing next year," one buyer said.

Market sources said the enthusiasm might be the result of a dearth of spot activity this year and the possibility of a supply increase for most alloys next year due to slowdowns in other parts of the world.....

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