NEW YORK Glencore International Plc and GfE-MIR AG purchased ferrochrome from DLA Strategic Materials for a combined $2.27 million.
The DLA sold all of the 1,000 short tons of high-carbon ferrochrome it offered for April, and half of the 840 tons of low-carbon ferrochrome it had on offer. The low-carbon ferrochrome purchased was a mixture of the 0.13- and 0.15-percent carbon material, a DLA source told AMM.
Sources at the trading houses didnt disclose the quantities bought by each company.
Zug, Switzerland-based GfE-MIR is the parent company of White Plains, N.Y.-based ferroalloys trader Varomet Corp. Glencore International Plc recently became Baar, Switzerland-based Glencore Xstrata Plc (amm.com, May 2).
Meanwhile, the Fort Belvoir, Va.-based agency didnt record any sales in its offering of 2,000 tons of 76.76-percent high-carbon ferromanganese from the U.S. market and 1,145 tons of 76.45-percent material from Japan.
The lots have been on offer since last May (amm.com, May 8).