TAPPED IN: Another twist in the ferro-chrome benchmark tale

The third-quarter Japanese ferro-chrome industry benchmark price has materialised late and in unexpected form.

Metal Bulletin reported in June that market participants were calling for a more realistic Japanese benchmark, due to the gap between the headline number, the European number and global spot prices. Protracted speculation over the progress of negotiations – and the outcome for prices – led to stalemate in the Japanese spot market, sources told Metal Bulletin in July. Every quarter, the purchase price agreed by leading Japanese...


Janie Davies

August 13, 2015

16:30 GMT