Launch of new European ferro-chrome price assessment

Fastmarkets launched its first price assessment for MB-FEC-0024 Ferro-chrome 50% Cr, delivered Europe, $/lb Cr on Tuesday March 26.

The price will complement Fastmarkets other global ferro-chrome assessments and will provide greater transparency across different grades.

The specification for the new price is as follows:

MB-FEC-0024 Ferro-chrome 50% Cr, delivered Europe, $/lb Cr

Quality: Lump. Chrome base 50%, range 47-56%; carbon base 6.5%, max 9%; silicon base 3%, max 6%; phosphorous max 0.03%; sulphur max 0.06%.
Quantity: Min 100 tonnes
Location: Delivered consumer works Europe (other incoterms will be normalized)
Unit: USD per lb contained Cr
Payment terms: 30 days, other payment terms normalized
Publication: Weekly, Tuesday 2-3pm London time

This price is a part of the Fastmarkets Ores & Alloys Physical Price package.

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

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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