DLA Mn to the rescue

While DLA’s sale of 16,800 tons of high-carbon ferromanganese in fiscal 2017, which began Oct. 1, 2017, wasn’t much compared to total US imports (81,570 mt in the first eight months of this year), I think it was a good deal for Minerais and ProFound Alloys. While the material will be priced on an index, it still gave the two merchants ammunition in an otherwise producer dominated market. And with expectations that supplies will tighten, it seems to be a good idea to find a secure source.

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