Fastmarkets has corrected its assessment of the price for European high-carbon ferro-chrome, which was published incorrectly on Friday June 26 due to a rounding error.
The lower end of the weekly assessment of the price for
MB-FEC-0004 ferro-chrome, high carbon, 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe, has been corrected to $0.82 per lb Cr from $0.825 per lb Cr in Price Book and $0.83 per lb Cr on Dashboard published last Friday.
The high end of the range was unchanged at $1.05 per lb Cr.
Fastmarkets' price book and database have been updated to reflect this correction. The price range now shown is $0.82-1.05 per lb Cr.
For details of the price assessment for high-carbon ferro-chrome, delivered Europe, please see the Fastmarkets price book.
For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to this price, please contact Jon Stibbs by email at
pricing@fastmarkets.com. Please add the subject heading 'FAO: Jon Stibbs re: Ferro-chrome assessment.'
To see all Fastmarkets' pricing methodology and specification documents, go to
https://www.fastmarkets.com/about-us/methodology.