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Ferro Corporation Message Board

  • diamondcutter297 diamondcutter297 Jan 7, 2013 2:27 PM Flag

    Ferro-silicon prices rise as China imports drop..

    Yeah, keep naked shorting. LOL

    Ferro-silicon prices rise as China imports drop

    January 04, 2013 - 21:51 GMT Location: New York

    KEYWORDS: ferro-silicon , ferro-silicon prices , China shipments

    Ferro-silicon prices have strengthened as rising replacement costs from China, one of the largest suppliers to the US market, have crimped shipments from that country and led to some tightness in the domestic market.

    Prices are now between 89 and 91 cents per pound, up from 85 to 90 cents previously, with significant inter-trade business reported at the upper end of the range in the past week. Sources said that prices might need to rise even further to make Chinese material competitive again. "Hitting those numbers (current price levels), they (traders) can’t get a replacement out...

 
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