The below article is from the archive an year old and is provided for illustration purposes. To get the most recent news, take the free trail. Takes a minute to complete. FREE TRIAL FREE TRIAL

Last 7 days
Price Articles

Europe Q3 benchmark FeCr price settled 2.5% lower than Q2

Thursday, 31 July 2014

Glencore-Merafe Chrome Venture and European stainless steelmakers have settled the term price for July-September ferrochrome sales at 119 cents/lb, Merafe Resources said Wednesday.

The third quarter price is down 2.5% from the second quarter price of 122 cents/lb -- the term price is viewed as a benchmark in Europe.

Merafe Resources has a 20.5% stake in Glencore-Merafe Chrome Venture, the world's largest ferrochrome producer, with the rest held by Glencore Xstrata.

-- Vivian Teo

© Steel Business Briefing 2022
Contact Editor privately

Steel news in English | 中文 | Português | Español | Deutsch | Italiano | Русский

© 2022 by S&P Global Inc. All rights reserved.
Back to top  Back to top