Ferro-chrome prices edge down in Europe as sentiment softens

Ferro-chrome markets in Europe were affected by softening sentiment in the week to Tuesday December 7, with market participants reporting ongoing focus on finalizing long-term agreements, alongside the traditional year-end slowdown and destocking activity.

Fastmarkets’ assessment of the price for ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe dipped on Tuesday, with the range widening downward to $3.60-4.25 per lb, from $4-4.25 per lb two weeks earlier.

The price assessment for ferro-chrome low carbon, 65% Cr, max 0.06% C, delivered Europe moved in line with this, to $3.64-4.29 per lb, from $4.04-4.29 previously.

Deals for 0.10% carbon material were reported across the range, and some market participants reported that they anticipate ongoing strength, with expectations of stronger...

Published

Claire Patel-Campbell

December 08, 2021

18:17 GMT

London