Fastmarkets’ weekly assessment of the price for ferro-chrome, high carbon, 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe
, rose by $0.01 per lb Cr or 1.1% to $0.81-0.95 per lb Cr on Tuesday.
“Customers are starting to come back and ask for material, and while tonnages are being moved increasingly, it is not at great prices,” a producer said.
Alloy consumption has picked up, particularly in Italy and Germany, according to market participants. The stainless steel...