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 DLAs last offering in September (amm.com, 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 (amm.com, Nov. 19). The low-carbon material, located at the agencys 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 (amm.com, Oct. 25).
Meanwhile, the agency didnt find any buyers for the 4,476 tons of high-carbon ferromanganese it offered in November (amm.com, Nov. 13).