European ferro-chrome benchmark drops 2 cents to $1.02 per lb for Q4

The European charge and high carbon ferro-chrome benchmark has dropped 2 cents to $1.02 per lb for the fourth quarter of 2019.

The settlement is announced every quarter by Merafe Resources, which operates a chrome joint venture with trader-miner Glencore in South Africa. The benchmark is a forward-looking price for the coming quarter and some market participants see the small quarter-on-quarter decrease...

Published

Janie Davies

October 01, 2019

10:57 GMT

London