Silicomanganese traders confused by market

Jun 14, 2013 | 01:37 PM | Daniel Fitzgerald

Tags  silicomanganese, silicomanganese prices, Felman Production, Nucor, tender, Daniel Fitzgerald

NEW YORK — Silicomanganese trading activity has picked up but prices have trended down marginally, confusing traders who believe that impending supply constraints should be supporting prices.

Major tonnage transactions took place in a range of 52 to 53 cents per pound, with smaller volumes slightly outside that range. Silicomanganese previously was trading in a range of 53 to 57 cents per pound, with major tonnages transacting more toward the lower end of....

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