March 2009 | Steel Raw Materials
Ferro-chrome prices slip, and move towards cost of production: ferro-alloy shighlights
High chrome ore stockpiles
The ferro-chrome market remains firmly in the doldrums, with trade levels depressed. Prices have slipped further, with high-carbon ferro-chrome now priced at around $0.700.90/lb depending on origin. However, there is South African material being sent to China for as low as $0.60/lb. This may well depend on which company is selling, and how desperate they are for cash. Even at these low price levels, South African producers are still making a profit, as their production costs are now in...
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