Ferromanganese spot prices increase

Apr 25, 2014 | 01:33 PM | Daniel Fitzgerald

Tags  ferromanganese prices, medium-carbon ferromanganese, silicomanganese, Felman Production, Daniel Fitzgerald

NEW YORK — Spot prices for medium-carbon ferromanganese have risen, with market participants optimistic that the return of Felman Production LLC won’t affect silicomanganese pricing.

AMM’s medium-carbon ferromanganese price rose to 95 to 96 cents per pound from 93 to 95 cents previously. Market participants had expected prices to move higher (amm.com, April 18).

Meanwhile, silicomanganese spot prices were unchanged at 59 to 61 cents per pound, although one sale was reported as high as 64 cents per pound.....

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