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27 Jun
09:24

Third-quarter ferrochrome benchmark price declines: Merafe

South Africa-listed Merafe Resources Limited (MRL) has advised its shareholders that the European benchmark ferrochrome price for the third quarter has decreased by 12.2% on-quarter to $1.51/lb, from $1.72/lb in Q2. In Q1, the European benchmark ferrochrome price was $1.49/lb. MRL saw a slight increase in its attributable ferrochrome production from the Glencore Merafe Chrome Venture (JV) in Q1. The company recorded an output up…
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