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04 Oct
10:38

Fourth-quarter benchmark ferrochrome price falls: Merafe

South Africa-listed Merafe Resources Limited (MRL) says the European benchmark ferrochrome price for the fourth quarter has been settled at $1.496/lb, a 17.2% decrease from Q3. At the end of June, the firm announced the European benchmark ferrochrome price for the third quarter at $1.80/lb, a 16.7% decrease from Q2 (see Kallanish passim). MRL saw attributable ferrochrome production at its South African joint venture with Glencore inch up 2% on-year in the fi…
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