The price paid for low carbon ferro-chrome delivered in Europe rose strongly in the two weeks to December 8 on support from reduced supply and increased transportation costs, sources said, while the high carbon ferro-chrome markets kept stable.
Fastmarkets' low carbon ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe assessment rose by 5-6 cents (3.2%) to $1.65-1.88 per lb Cr over the two weeks to December 9.A strengthening euro against the US dollar over the past two weeks has also supported dollar-denominated prices, such as the low-carbon ferro-chrome...