Save
PrintFerrosilicon prices in U.S. have fallen to their lowest levels thus far this year, as traders seek to unload material due to slowing spot demand and uncertainly about the economic outlook.
The current tags have slipped to USD0.89-0.91/lb from USD0.90-0.92/lb.
"People are selling below replacement cost," according to one trader. "It’s very ugly. You can’t buy it anywhere in the world at these levels," a second trader agreed.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:editor]
Daily News
Research
Magazine
Company Database
Customized Database
Conferences
Advertisement
Trade
Online inquiry
Contact
Tell Us What You Think