The 60-64.9% ferro-chrome market narrowed upward in the week to June 8, on high offer prices for Indian ferro-chrome to Europe.
Fastmarkets' price assessment for ferro-chrome, high carbon, 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe, narrowed upward by 5 cents (+2.4%) to $1.05-1.10 per lb Cr on June 8, from $1.00-1.10 per lb Cr one week earlier."Although freight rates are not quite as high as they were, they remain high. Supply...