SiMn mart bearish ahead of Felman planned restart

Jun 20, 2014 | 04:45 PM | Daniel Fitzgerald

Tags  ferroalloys, silicomanganese prices, Felman Production, silicomanganese supply, spot prices, Daniel Fitzgerald

NEW YORK — Silicomanganese market sentiment is trending towards bearish, with an expected restart of Felman Production LLC prompting spot prices to firm below 60 cents per pound.

Free-market spot prices have firmed in a range of 57 to 59 cents per pound following a high-volume tender which recently settled in that range.....

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