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DLA sells ferrochrome to five companies for $4.45M

Keywords: Tags  DLA, DLA Strategic Materials, David J. Joseph Co., Hickman Williams, CCMA, Veritas Alloys & Metals, Medima, ferrochrome ferromanganese

NEW YORK — DLA Strategic Materials sold a combined 1,040 short tons of low-carbon ferrochrome and 1,384 tons of high-carbon ferrochrome to five different companies for $4.45 million in November.

Buffalo, N.Y.-based CCMA LLC, Cincinnati-based David J. Joseph Co., Cincinnati-based Hickman, Williams & Co., Clarence, N.Y.-based Medima LLC and Cranberry, Pa.-based Veritas Alloys & Metals LLC purchased the material. CCMA, Medima and Veritas also purchased ferrochrome during the DLA’s last offering in September (, Oct. 8).

The Fort Belvoir, Va.-based agency had offered 2.24 million pounds (1,120 tons) of low-carbon ferrochrome and 2,489 tons of high-carbon ferrochrome for the month (, Nov. 19). The low-carbon material, located at the agency’s Warren, Ohio, depot, has a 0.074-percent carbon content.

Free-market low-carbon ferrochrome prices reportedly increased in October after the DLA suspended sales for the month while it migrated to a new Web-based ordering system (, Oct. 25).

Meanwhile, the agency didn’t find any buyers for the 4,476 tons of high-carbon ferromanganese it offered in November (, Nov. 13).

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