Silicomanganese prices strengthen

Feb 21, 2014 | 04:09 PM | Daniel Fitzgerald

Tags  silicomanganese, ferromanganese, Daniel Fitzgerald

NEW YORK — Silicomanganese spot prices continue to strengthen amid tight supplies, widening to a range of 58 to 60 cents per pound from 58 to 59 cents previously.

One consumer source said he had secured truckload quantities slightly below the prevailing range, although the majority of market participants said pricing had strengthened further in the past week.

Many market participants are awaiting the outcome of an 8,000-ton tender from one steel producer covering several locations.....

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