American Metal Market & Metal Bulletin
AMM
June 19, 2014
By Daniel Fitzgerald

GAA to cut back production at silicomanganese division

NEW YORK - Georgian American Alloys Inc. (GAA) will cut silicomanganese output at its Georgian Manganese LLC unit in Georgia by 2,500 tonnes per month, with subsidiary Felman Production LLC preparing to return to production soon.

Click here to read more...

 

Platts
June 17, 2014
By Bob Matyi

 

Felman reaches power deal for WV SiMn plant, paving way for potential restart

US silicomanganese producer Felman Production and electricity utility Appalachian Power have reached a special electricity rate contract, potentially eliminating the final roadblock to a long-awaited restart of Felman's 105,000 mt/year silicomanganese plant in New Haven, West Virginia, an APCo spokeswoman said on June 17.

Click here to read more...

 

American Metal Market
AMM
June 17, 2014
By Daniel Fitzgerald

APCo 'nearing' Felman power deal

NEW YORK - Appalachian Power Co. (APCo) is "nearing agreement" with silicomanganese producer Felman Production LLC on a new electricity supply contract, the company said, and has subsequently withdrawn its petition for clarification with the West Virginia Public Service Commission.

Click here to read more...

 

Ryan’s Notes
June 13, 2014

US SiMn price drops, EU holds

Prices for silicomanganese dropped this past week in the US from 59.5-61₵ per lb, ex-warehouse, to 58.5₵ per lb as the low, and then further to 57-61₵ per lb. Initial drops were brought on as a large US-based steel producer began to close on its requirements for a multitude of mills. The additional softening was noted from another US steel producer, closing on many hundred tons of material.  The second buyer also reported even lower figures from a steel producer-owned trading company. While several producers and principal importers quoted in the low 60₵ range for many sites, ultimately lower prices prevailed in the various concluded deals this past week.

Click here to read more...

 

American Metal Market
AMM
June 12, 2014
By Daniel Fitzgerald

Felman looks to restart output in June

NEW YORK - Falman Production LLC is hoping to restart its New Haven, W.Va., silicomanganese plant by the end of June, but has yet to reach an agreement with electricity supplier Appalachian Power Co. (APCo).

Click here to read more...

Page 25 of 46