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European benchmark ferrochrome price for the fourth quarter 17.2% lower q/q

4th October 2022

By: Creamer Media Reporter

     

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JSE-listed Merafe Resources reports that the European benchmark ferrochrome price for the fourth quarter has been settled at $1.49/lb.

This represents a 17.2% decrease from the benchmark price of $1.80/lb in the third quarter.

Merafe holds a 20.5% interest in the Glencore-Merafe Chrome Venture.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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