In late April, SteelOrbis reported silicomanganese trading at $1,433-1,499/mt in-warehouse Pittsburgh.
According to sources, silicomanganese continues trading at $1,433-1,499/mt in-warehouse Pittsburgh as of late May. Prices are expected to increase slightly in early June as third quarter contracts are negotiated, but a source noted that transactions in Europe have also been trending sideways through May despite efforts from traders to increase trades with higher offers.