NEWSBREAK: European ferro-chrome benchmark drops 1 cent to $1.01 per lb for Q1 2020

The European charge and high carbon ferro-chrome benchmark has dropped 1 cent to $1.01 per lb for the first quarter of 2020.

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 as a sign...

Published

Siyi Liu

December 30, 2019

08:45 GMT

Shanghai