EUROPE ALLOY STEEL SCRAP: Chrome steel prices rise on higher ferro-chrome benchmark

Chrome steel prices in the UK edged higher in the week ended Friday March 29 on an increase in the quarterly European ferro-chrome benchmark price, Fastmarkets has learnt.

The price of steel scrap solids with a chromium content of 12-13% was assessed by Fastmarkets on March 29 at £190-230 (£249-302) per tonne delivered, widening upward by £10 per tonne. This was the first change in the assessment since October last year. The corresponding price for steel scrap solids with 16-17% chromium was assessed on the same day at £240-470 per tonne, also widening upward by £10 per tonne. This assessment had been unchanged since February 1. The increases were driven by the settlement, for...


Ross Yeo

March 29, 2019

18:44 GMT