Producers wave goodbye to inventories

Not everyone has to wait to take advantage of the price spike in ferroalloys even if they don’t use a terminal market. More sellers are moving their inventory that they held for years into the market and specifically to China. By the end of the year, one ferroalloy producer said he won’t have any stocks and will end up with a profit even though he sat on the metal for a couple of years. Without stocks, the producers are more confident they can get higher prices IMMEDIATELY.

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