June 2009 | Ferro-alloys
Q3 ferro-chrome contracts settled at 89¢/lb
The Q3 contracts have been settled between South African and European stainless steelmakers at 89¢/lb. This is a 20¢/lb increase on the last quarter price of 69¢/lb, equivalent to a 29% rise.
Q3 ferro-chrome contracts settled at 89¢/lbThe Q3 contracts have been settled between South African and European stainless steelmakers at 89¢/lb. This is a 20¢/lb increase on the last quarter price of 69¢/lb, equivalent to a 29% rise. This price rise would have been unthinkable only two months ago, but the situation has changed since then;...
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