Merafe says third-quarter ferrochrome price 16.7% lower q/q

  • Tuesday, July 5, 2022
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,ferrochrome
[Fellow]JSE-listed Merafe Resources has informed shareholders that the European benchmark ferrochrome price for the third quarter has been settled at $1.80/lb.

【Ferro-alloys.com】:JSE-listed Merafe Resources has informed shareholders that the European benchmark ferrochrome price for the third quarter has been settled at $1.80/lb.

That represents a 16.7% decrease from the price of $2.16/lb for the second quarter.

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

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