European Ferrochrome Benchmark Settled At $1.15/lb
Dear Ferrochrome Subscribers Kindly note that the fourth quarter European HC-Ferrochrome benchmark was settled earlier than expected at $1.15/lb. This is 4c/lb lower than the previous quarter. Whilst this price is lower than we anticipated, we estimated a weaker settlement based on the following reasons: Cheap prices in Asia are capping prices: Despite the fact […]