European stainless mill settles Q2 ferrochrome price

摘要

A European stainless mill and a South African ferrochrome producer have settled charge chrome prices for the second quarter of 2012 at 1.35 dollars/lb delivered duty paid, up 20 cents on the previous quarter, an industry source confirmed Wednesday. The quarterly price, negotiated between South African ferrochrome producers and European stainless steelmakers, is normally released as a benchmark for the industry.