European ferro-chrome price climbs again but at slower rate

摘要

The high-carbon ferro-chrome price in Europe rose at the top of the range on Friday January 31 following a bigger increase the week before. Fastmarkets’ ferro-chrome high carbon 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe price widened upward by 2 cents to $0.82-0.92 per lb on Friday. The market had risen by 5 cents in the previous week in response to increased demand from consumers. Some producers reported the positive momentum for high-carbon ferro-chrome had continued with buyers increasing their order tonnages.