The Special Ferro-alloys Market – a Difficult Global Problem

The special ferro-alloys are the most important ingredients for special alloyed steel. They are much more expensive than basic ferro-alloys and there are fewer producers. The market is volatile most of the time due to the balance offer-demand: some special ferro-alloys are obtained only in a reduced...

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Bibliographic Details
Main Author: Cristina Bumbac
Format: Article
Language:ron
Published: Institute for World Economy 2011-07-01
Series:Revista de Economie Mondială
Online Access:http://iem.ro/rem/index.php/REM/article/view/67/53
Description
Summary:The special ferro-alloys are the most important ingredients for special alloyed steel. They are much more expensive than basic ferro-alloys and there are fewer producers. The market is volatile most of the time due to the balance offer-demand: some special ferro-alloys are obtained only in a reduced number of countries (for example, China dominates ferrowolfram), while consumption is specific for every economy. The market for special ferro-alloys depends on the offer of specific metals which form the ferro-alloy, the market for special steel and stainless steels and - sometimes - speculative operations. In general, prices are higher in U.S.A. than in Europe. The atypical crisis which started in 2008 and is still affecting all the developed economies had not a significant influence on the special ferro-alloys market, due to their individuality compared with other goods market. The most stable was the market of ferrowolfram, and the most insecure that of ferrovanadium.
ISSN:2343-9521
2343-9521