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08 Apr
11:48

Japan’s ferrochrome import price hits record high

Japan’s import prices for ferrochrome have surged to a historic high due to disrupted supply from Russia, soaring prices in Europe and the influence of higher nickel prices, Kallanish notes. Japan’s Nippon Steel Stainless Steel has settled the import price of ferrochrome in April-June 2022 with a major South African supplier at about $2.24/lb. It is understood that the quarterly price is 19% higher than the previous quarter, and has also surpassed…
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