European stainless mills may be paying less for FeCr than Chinese mills as benchmark price drops

摘要

European ferro-chrome prices have fallen so sharply thatsome stainless steel mills there are paying less than mills in China, market sources said afterthe European benchmark price fell 11 on July 5. The European benchmark price for charge and high carbon ferro-chrome is negotiated every quarter between European stainless steel mills and South African ferro-chrome producers.