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25 Mar
13:57

Ferrochrome prices increase for second quarter: Merafe

The European benchmark ferrochrome price for the second quarter has been settled at $2.16/lb, a 20% increase from Q1, advises South Africa’s Merafe Resources Ltd (MRL) in a stock exchange filing. MRL's ferrochrome production recorded on-year increases in the fourth quarter and full-year 2021 of 5.1% to 102,000 tonnes and 42.7% to 379,000t respectively.  The company's share of revenue from the Glencore Merafe ferrochrome joint venture …
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