European Ferro-chrome price up

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bananaboy

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European Ferro-chrome price up

posted on Apr 02, 2010 07:03AM

In a stock exchange announcement obtained by Steel Business Briefing, Merafe said the European benchmark ferro-chrome price for April-June has been settled at $1.36 per pound. This is an increase of 35% from the first quarter price of $1.01/lb, and it is the highest quarterly benchmark price since Q4 2008.