European ferro-chrome prices continue slow rise

The European high- and low-carbon ferro-chrome markets strengthened on Tuesday September 15 due to a slow recovery in demand.

Fastmarkets’ weekly price assessment for ferro-chrome high carbon 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe, was $0.85-0.97 per lb Cr on Tuesday, tightening from $0.83-0.98 per lb a week earlier.

“The capacity of users’ production lines has been slowly coming back, but it might take until the end of October for them to fully recover,” one producer source said. “The market is cautious and only slowly developing, and we are...

Published

Jon Stibbs

September 17, 2020

09:17 GMT

London