Fiscal cliff resolution a relief for ferroalloys

Jan 04, 2013 | 01:02 PM | Thorsten Schier

Tags  fiscal cliff, ferroalloys, Thorsten Schier

NEW YORK — Ferroalloys market participants expressed relief about the fiscal cliff deal, noting that while some issues remain unresolved at least the tax structure is clear.

"Investors won’t commit money until they have some idea of where things are going. The tax issue sort of comes off the table," one market source said. "Now we know what it is; now we go on and live with it."....

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