FeSi prices slip; contract discounts targeted

Nov 22, 2013 | 01:27 PM | Daniel Fitzgerald

Tags  ferrosilicon prices, ferrosilicon, anti-dumping probe, ferrosilicon contracts, Commerce Department, ferrosilicon imports, ferrosilicon supply, Daniel Fitzgerald

NEW YORK — Ferrosilicon spot prices have eased further as anxiety over an anti-dumping investigation begins to wane, while suppliers also target a reduction in formula discounts on long-term contracts.

AMM’s ferrosilicon spot prices have dropped to a range of 94 to 99 cents per pound from 95 cents to $1 previously, with lower unconfirmed prices reported for transactions involving multiple truckloads.....

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