US domestic ferromanganese trending up

Tuesday, 30 May 2017 22:51:24 (GMT+3)   |   San Diego
       

In late April, SteelOrbis reported high carbon ferromanganese trading at $1,358-1,407/mt in-warehouse Pittsburgh. The price reflected a reduction of $20/mt from the top of the late March pricing range but a stable bottom range.

According to sources, high carbon ferromanganese is now trading at $1,407-1,456/mt in-warehouse Pittsburgh as of late May. This reflects an increase of $49/mt. Sources note the increase is a result of tight availability and approaching third quarter negotiations.


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