FeCr benchmark rolls over in Europe for Q3

The European third quarter ferro-chrome benchmark has rolled over at $1.08 per lb, resisting downward pressure for the first time since 2009.

The benchmark is settled every quarter by a leading South African ferro-chrome producer and a major European steel mill.  Early northern summer is seasonally weak for ferro-chrome demand and the benchmark has dropped in the third quarter of every year since 2009, when it...

Published

Janie Davies

June 29, 2015

08:00 GMT

London