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

September 19, 2020 / www.metalbulletin.com / Article Link

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...

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