Ferroalloy market on hold until Labor Day

Aug 09, 2013 | 02:51 PM | Daniel Fitzgerald

Tags  ferroalloy prices, ferroalloy trading, ferrochrome, ferrosilicon, molybdenum, Daniel Fitzgerald

NEW YORK — Ferroalloy spot trading has largely ground to a halt, with market participants now waiting for fourth-quarter orders to begin flowing in after the Labor Day holiday at the beginning of September.

AMM’s pricing assessments are unchanged, with high-carbon ferrochrome holding steady at 94 cents to $1 per pound and ferrosilicon continuing to trade at 88 to 90 cents per pound.....





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