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07 Aug
15:54

Pandemic seen balancing ferrochrome supply and demand

The fall in ferrochrome demand due to the Covid-19 pandemic impact has been offset by the simultaneous drop in supply, resulting in a rollover of the European benchmark ferrochrome price for the third quarter. So says Roland Mauss of stainless scrap merchant company Oryx The European benchmark ferrochrome price for Q3 was settled at $1.14/lb, a rollover from Q2. The price in Q2 had increased 13% from Q1. Just like three months earlier, the negotiating parties reac…
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