The negotiations with stainless steel companies in Japan on price of South African charge chrome to be purchased by them for shipments in July - September quarter of 2007 had taken so long time as marathon race but Nippon Steel & Sumikin Stainless Steel Corp. notified on the 2nd of August that a rise of 18 US-Cents per lb. has been agreed by us. Accordingly, its benchmark price will come to 108 US-Cents per lb. as the highest one in its history.
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