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Its weekly ferro-chrome, lumpy Cr, benchmark indicator, charge basis 52% (and high carbon), Europe, $ per lb was originally published as $1.93 per lb. This has now been corrected to $1.91 per lb. This was related to a technical error during the calculation process.
The Fastmarkets price book and database have both since been updated to reflect this change.
The affected price is MB-FEC-0019 ferro-chrome, lumpy Cr, benchmark indicator, charge basis 52% (and high carbon), Europe, $ per lb.
For more information, or to provide feedback on the delayed publication of this indicator, or if you would like to provide price information by becoming a data submitter, please contact Claire Patel-Campbell by email at: pricing@fastmarkets.com. Please add the subject heading ‘FAO: Claire Patel-Campbell, re: ferro-chrome benchmark indicator.’
To see all Fastmarkets’ pricing methodology and specification documents, go to: https://www.fastmarkets.com/about-us/methodology