The price range for high-carbon ferro-chrome widened in Europe in the week ended Friday May 22, with industry sources reporting deals agreed for more than 500 tonnes of material.
The price spread widened to $0.15 per lb after deals were reported that raised the higher end of the assessment.Fastmarkets' price assessment for ferro-chrome, high carbon, 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe, moved to $0.85-1.00 per lb Cr on May 22, compared with $0.85-0.97 per lb a week earlier.
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