Constipated commodities

While most of the criticism dealing with index prices is the lack of fixed price business, there is another major problem, i.e., little if any price movement in some alloys. While there is some fixed-priced business during the month for major bulk commodities, i.e., silicomanganese, little if any fixed priced business is concluded for items like medium and low carbon ferromanganese. As result, the price just sits there for months and even quarters.

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david
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lcfemn index price has not moved for a year

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