Nippon Steel concedes ferro-chrome price hike

After initial resistance, Nippon Steel has followed its European counterparts and agreed a 7 cents per lb increase with South African suppliers for ferro-chrome prices in the current April-June quarter.

South African ferro-chrome producers have achieved the increase on the back of the strengthening rand, buoyant demand and a shortage...

Published

April 24, 2003

09:10 GMT

Tokyo