Silicomanganese market awaits bid
Feb 22, 2013 | 05:41 PM
| Daniel Fitzgerald
Tags
silicomanganese prices,
Nucor,
Nucor tender,
silicomanganese market,
ferrosilicon,
Daniel Fitzgerald
NEW YORK — Silicomanganese market participants are waiting on the outcome of a high-tonnage Nucor Corp. tender, with some sources saying that it could determine the future direction of the spot market.
Silicomanganese prices were steady in a range of 52 to 56 cents per pound Feb. 21, although most attention is focused on the Nucor “request for quote” and the potential impact of the winning bid. ....
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