Felman restart will not cut tags: traders

Jul 02, 2014 | 02:32 PM | Daniel Fitzgerald

Tags  Felman Production, New Haven plant, production restart, APCo, silicomanganese, silicomanganese imports, Daniel Fitzgerald

NEW YORK — Felman Production LLC’s return to silicomanganese production will prompt a reduction in imports and intertrade purchases, but not necessarily a drop in spot prices, according to market participants.

Felman will fully resume production by restarting both furnaces at its New Haven, W.Va., plant by the end of July after reaching an electricity supply agreement with Appalachian Power Co. (APCo) (amm.com, July 1).

Felman has already restarted one furnace at the New Haven plant, though it may take some time for it to get up to speed, a company spokesman told AMM.....

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