Silicomanganese prices rise on supply worries

Jan 24, 2014 | 11:49 AM | Daniel Fitzgerald

Tags  silicomanganese, ferromanganese, manganese prices, high-carbon ferromanganese, Felman Production, Daniel Fitzgerald

NEW YORK — Silicomanganese spot prices have surged again as ongoing supply constraints reportedly continue to impact the market.

Silicomanganese moved up to a range of 56 to 57 cents per pound from 53 to 56 cents previously, although reports persist of truckload business being done at 53 cents per pound.

Spot prices have been on the rise in recent months due to supply concerns, prompted by the idling of major domestic supplier Felman Production LLC, Letart, W.Va., and ongoing power issues in South Africa (amm.com, Dec. 6).....





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