Ferrochrome prices fall but bottom seen

Nov 30, 2012 | 12:11 PM | Thorsten Schier

Tags  high-carbon ferrochrome, Thorsten Schier

NEW YORK — High-carbon ferrochrome prices have declined further as dwindling demand forces sellers to cut their prices.

"There’s not a tremendous amount going on," one trader said.

Prices are now between 94 and 99 cents per pound—a 34-month low—down from 95 cents to $1.01 previously, with truckload sales of material reported across AMM’s range in the past week.....

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