Low-carbon ferromanganese prices rise

Jan 25, 2013 | 03:17 PM | Thorsten Schier

Tags  low-carbon ferromanganese, medium-carbon ferromanganese, ferromanganese, U.S. Customs and Border Protection, Thorsten Schier

NEW YORK — Low-carbon ferromanganese prices have risen as producers desperately try to raise tags from what some say are below-production-cost levels.

“Everybody knows (current prices) aren’t sustainable,” one producer said.
Low-carbon ferromanganese prices have strengthened to between 97 cents and $1.02 per pound from 95 to 99 cents per pound previously, with a sale of multiple truckloads reported at the high end of the range this past week. Offers were recorded....

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