Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: European Ferro-chrome price up

European Ferro-chrome price up

posted on Apr 02, 2010 06:59AM

In a stock exchange announcement obtained by Steel Business Briefing, Merafe said the European benchmark ferro-chrome price for April-June has been settled at $1.36 per pound. This is an increase of 35% from the first quarter price of $1.01/lb, and it is the highest quarterly benchmark price since Q4 2008.

This is from South Africa's biggest producer.

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