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Amendment to publication date of European charge, high-carbon ferro-chrome benchmark

Fastmarkets has amended the publication date of the latest European charge and high-carbon ferro-chrome benchmark to reflect the date from which the benchmark applies after the price was erroneously published on the date it was announced (March 25).

March 26, 2024
By Claire Patel-Campbell
Ferro-chrome Pricing notice

The affected price is MB-FEC-0016 ferro-chrome lumpy Cr charge quarterly, basis 52% Cr (and high carbon), delivered Europe, $/lb Cr (rounded to the closest 2 decimal places).

This quarterly ferro-chrome benchmark is settled through negotiations between a major South African ferro-chrome producer and a leading European stainless steel mill, and published by Fastmarkets after it is announced.

The publication date for the second-quarter benchmark in 2024 was originally set to March 25, 2024, and has now been changed to April 1, 2024.

This change enables quarterly averages to align with the individual benchmark numbers.

Fastmarkets’ pricing database has been updated to reflect this change.

For more information or to provide feedback on this pricing notice, or if you would like to provide price information by becoming a data submitter to any ferro-chrome prices, please contact Claire Patel-Campbell by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Claire Patel-Campbell re: ferro-chrome pricing.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/methodology.

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