ASIAN FERRO-ALLOYS CONF: Changing US alloy pricing structure shifts focus to China – Medima’s Lazar

A move toward buying almost all ferro-alloys on long-term contracts has left such a quiet spot market industry in the United States that some traders are looking at China to understand spot fundamentals, one speaker said this week.

Speaking at Fastmarkets' 20th Asian Ferro-alloys Conference in Hong Kong, Barry Lazar, chief executive officer of steel raw materials supplier Medima, highlighted the difficulties that have resulted from buyers purchasing so much on annual contracts. It is common in many markets for swings between long-term and short-term selling to occur on a...

Published

Fleur Ritzema

March 11, 2019

16:15 GMT

Hong Kong