Felman Production, LLC and United Steelworkers Reach 42-Month Labor Agreement

NEW HAVEN, W. Va.--(BUSINESS WIRE)--Felman Production, LLC (the “Company”), a leading producer of high-quality ferrosilicomanganese, announced today that it has reached a new 42-month labor contract with United Steelworkers Local 5171. The new agreement replaces the current contract, which was set to expire in early January, and covers more than 215 personnel at the Company’s ferroalloys plant located in New Haven, West Virginia.
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Georgian American Alloys, Inc. Acquires CC Metals and Alloys, LLC 

MIAMI--(BUSINESS WIRE)--Georgian American Alloys, Inc. (“GAA”) has acquired the membership interests of CC Metals & Alloys (CCMA), a leading producer and supplier of high-grade ferrosilicon alloys for use in the steel, foundry and welding rod industries, from affiliated Optima Group LLC in exchange for shares of GAA. CCMA now joins Felman Production, LLC and Felman Trading, Inc. as subsidiaries of GAA.

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Felman Production, LLC Celebrates 60th Anniversary of Its Ferroalloys Manufacturing Facility

 - State and local dignitaries gather to honor 60 years of American pride and manufacturing -

NEW HAVEN, W.Va.--(BUSINESS WIRE)--On Sunday, July 22nd, Congresswoman Shelley Moore Capito (R-WV) and Congressman Bill Johnson (R-OH), along with other local dignitaries, joined Felman Production, LLC executives and employees to celebrate the 60th anniversary of the Felman Ferroalloys Plant at the New Haven, West Virginia site.

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Ryan’s Notes
December 26, 2014

Claims call for higher Euro SiMn prices.

 Market sources in Europe were calling for higher prices for silicomanganese, as downstream spot supplementation had been more active than expected leading up to the winter holidays. Meanwhile, buying activity was expected to resume again in early January.

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Ryan’s Notes
November 7, 2014

US silicomanganese prices rise

The US silicomanganese market saw a lift this past week, as at least one mill was looking for sizeable tonnages in the spot market. The transactions have pushed prices higher in a market that has been largely contracted under long-term agreements. Prices were up to 58-59C per lb, ex-warehouse. Sources noted that at least one large seller was unable to meet the buyer's needs, due to heavy contract requirements and limited availability in November.

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