Low-carbon ferrochrome prices fall
Mar 29, 2013 | 12:33 PM
| Daniel Fitzgerald
NEW YORK Low-carbon ferrochrome prices have weakened slightly on light spot demand, aggressive selling by some traders, and the impact of DLA sales.
Prices for 0.05-percent material slipped to $2.21 to $2.24 per pound from $2.22 to $2.25 previously, while the range for 0.10-percent carbon ferrochrome narrowed to $2.06 to $2.08 per pound from $2.06 to $2.09.
Traders told AMM that spot market activity has been especially quiet during the past week, with some citing the Passover and Easter holidays but many others lamenting a more sustained industry slowdown.....
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