Ferrochrome: Review Of 2011/Outlook For 2012

摘要

World's crude stainless steel production in 2011 was 34 million tons, up by 5.5% from 2010, naturally prompting growth in demand for ferrochrome. However, the benchmark price for the South African charge chrome delivered in Europe during the Q1 (January - March) of 2012 was agreed at US cents115/lb ddp, down by US cents5/lb from the preceding quarter to a two-year low.