European ferro-chrome benchmark stable at $1.14 per lb for Q4

The European charge and high-carbon ferro-chrome benchmark for the fourth quarter 2020 is $1.14 per lb, unchanged for the third consecutive quarter.

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. It is settled via negotiations between...


Jon Stibbs

September 18, 2020

16:24 GMT