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DLA offers 560 tons of ferrochrome

Keywords: Tags  DLA, low-carbon ferrochrome, ferrochrome, July

NEW YORK — DLA Strategic Materials offered 560 tons of low-carbon ferrochrome under its basic ordering agreement Tuesday.

The Fort Belvoir, Va.-based agency offered 280 tons of 0.11-percent and 280 tons of 0.16-percent material, both from its Ravenna, Ohio, depot.

The agency offered 1,020 tons of low-carbon ferrochrome last month, but it has not yet released its sales figures for June.

Low-carbon ferrochrome prices have softened recently on weaker demand, with 0.10-percent material trading between $2.16 and $2.22 per pound and 0.15-percent material trading between $2.09 and $2.12 per pound.

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