Amendment to publication date of two historic European charge and high carbon ferro-chrome benchmarks

Fastmarkets has amended the publication date for two historic European charge and high-carbon ferro-chrome benchmarks to reflect the date from which the benchmark applied.

July 28, 2023

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 2021 was originally set to March 31, 2021, and has now been changed to April 1, 2021, and the publication date for the third-quarter benchmark in 2022 was originally set to 30 June, 2022, and has now been changed to July 1, 2022.

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

Fastmarkets’ pricing database has been updated to reflect these changes.

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.”

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