Silicomanganese prices climb, FeSi may dip
Jan 03, 2014 | 01:06 PM
| Daniel Fitzgerald
NEW YORK Silicomanganese spot prices have moved up over the holiday season, while traders are reporting fewer concerns about ferrosilicon supply, which could prompt further price drops.
Silicomanganese moved up to a range of 53 to 56 cents per pound from 52 to 54 cents previously.
Market participants said the increase was attributable to supply concerns prompted by ongoing power issues in South Africa and uncertainty over the future of Letart, W.Va.-based Felman Production LLC (amm.com, Dec. 6).....
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