Selected Domestic Ferroalloy Prices

This table presents a comprehensive overview of domestic prices for a variety of ferroalloys, which are critical additives used in the production of steel and other metal alloys. These materials, including ferrochromium, ferromanganese, ferrosilicon, and noble ferroalloys such as ferromolybdenum and ferrovanadium, play a vital role in enhancing the strength, durability, and corrosion resistance of metals. Tracking price fluctuations in these commodities is essential for industries reliant on metal manufacturing, as it directly impacts production costs, supply chain decisions, and ultimately the competitiveness of U.S. steel and alloy producers in global markets.

Analysis of the data reveals significant price increases across most ferroalloy categories from 2021 to 2022. For instance, the average price of 0.05% carbon ferrochromium surged from 264.47 cents per pound in 2021 to 591.07 cents per pound in 2022, more than doubling within a year. Similarly, 76% high-carbon ferromanganese rose from an average of $2,024.53 per long ton to $2,369.74, reflecting sustained demand. Notably, prices for noble ferroalloys saw substantial growth; ferrovanadium’s average price climbed from $15.77 to $24.99 per pound, and ferrotitanium nearly doubled from $4.12 to $5.39 per pound. Some categories, such as 50% ferrosilicon, were discontinued in 2022, indicating shifts in market availability or demand. Overall, these trends underscore a tightening market and increased costs for key alloying materials, factors that could influence downstream manufacturing and pricing strategies.