Europe’s benchmark ferro chrome price for Q1CY23 remains unchanged q-o-q

Merafe, South Africa’s major ferro chrome producer, has announced that its price, which is the benchmark for Europe, will be at 149 cents/lb for Q1CY23, unchanged from the fourth quarter prices. According to SteelMint’s assessment, Ferro chrome (HC60%) prices in China’s Inner Mongolia dropped by 3% q-o-q in Q4CY22.