Benchmark ferrochrome price settled at $1.20/lb

19th March 2019 By: Tasneem Bulbulia - Senior Contributing Editor Online

The European benchmark ferrochrome price has been settled at $1.20/lb for the second quarter of 2019, JSE-listed Merafe Resources said in a statement on Tuesday.

This is an increase of 7.1% from the benchmark price of $1.12 /lb in the first quarter of this year.