Notify of
jt
Guest
jt

not true
alloy prices moving up fast

we sold 300 mt of hcfemn at 1240 gt fob warehouse yesterday

alanpatrickryan
Guest

I agree alloy prices have moved up but they are still lagging Mn ore prices. I am not a smelter but every smelter person told me they couldn’t buy ore at current prices and make the return on alloy prices.
It’s dangerous no matter how you look at it. There is an extraordinary amount of risk in the present market.
And yes I heard HC FeMn prices at or above $1200 per lt.
Where was the sale?