Q3 charge chrome contracts settled at 89 cents per lbCLEMENTINE WALLOP

摘要

Third-quarter South African charge chrome contracts into Europe have settled at 89 cents per lb compared with 69 cents for the second quarter, a European steelmaking source confirmed to MB on June 25. "I can confirm the settlement at 89 cents per lb for the next quarter," the steelmakersaid. The contracts had been expected to settle at around 90 cents per lb and both producers and consumers had agreed that this is a reasonable level given the cost pressures in South Africa.