Ferroalloy sellers look to limit discounts

Nov 15, 2013 | 12:41 PM | Daniel Fitzgerald

Tags  ferroalloys, ferrosilicon, silicomanganese, fixed contracts, 2014 contracts, Felman Production, anti-dumping investigations, Daniel Fitzgerald

NEW YORK — Fixed contract negotiations for ferroalloys have kicked off for 2014, with market participants still predicting a predominance of formula-based deals and sellers trying to limit discounting.

Some consumers have yet to enter the market, market participants told AMM, although they agreed that negotiations should be in full swing within the next two weeks.

Certain traders seemed resigned to once again use formula-based contracts, which would incorporate discounts from independent pricing assessments conducted by publications such as AMM, and were focused on trying to limit the discounting spread.....

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