Tight supply, wintry weather drive up ferrochrome prices

Jan 24, 2014 | 01:46 PM | Daniel Fitzgerald

Tags  high-carbon ferrochrome, ferrochrome prices, ferrochrome supply, DLA Strategic Materials, Daniel Fitzgerald

NEW YORK — U.S. high-carbon ferrochrome spot prices have risen further in a market challenged by a supply dearth and wintry weather conditions.

High-carbon ferrochrome has moved to a range of $1.08 to $1.11 per pound from $1.04 to $1.06 previously.

Domestic supply is getting squeezed between two major suppliers, both of which reported little trouble in finding buyers at higher numbers.

"We booked to the trade and end-users with no issues. I feel that I could offer any price I like and maybe only lose a few customers. ... Supply is scarce and is in strong hands," one supplier source told AMM.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results