US ferroalloy market awaits Q4 upturn

US ferroalloy spot market activity remains muted, with some suppliers now resigned to waiting until the fourth quarter for any improvement in demand from the steel market.

Bulk and noble alloy prices are largely unchanged, with ferrosilicon in a range of 88 to 92 cents per lb and molybdic oxide between $7.50 and $7.70 per lb. “Usually in April, May and June it would be a frenzy of activity,” a source at one bulk alloy supplier said. "We are still very slow for the time being and...

Published

This article was first published by AMM

May 11, 2015

05:10 GMT

New York