High-carbon ferromanganese prices up

Jan 31, 2014 | 12:30 PM | Daniel Fitzgerald

Tags  high-carbon ferromanganese, ferromanganese supply, ferromanganese demand, ferromanganese prices, winter storm, manganese, Daniel Fitzgerald

NEW YORK — High-carbon ferromanganese spot prices have continued to strengthen on the back of a reported tightness in domestic supply and weather-related transport issues.

Spot prices moved up to a range of $1,020 to $1,060 per long ton from $1,000 to $1,020 previously after starting the year with spot deals below the $1,000-per-ton mark.

Sellers had told AMM a week earlier that they were pushing quotes up to $1,050 per ton and beyond on the back of production issues at major sources of high-carbon material (amm.com, Jan. 24). ....

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