Lower-grade high-carbon FeCr prices drift lower in Europe

Lower-grade high-carbon ferro-chrome prices dropped below $1 per lb Cr in the week to Tuesday July 18, for the first time since May 2021, amid slow demand and falling offer levels.

Fastmarkets’ weekly price assessment for ferro-chrome high carbon 6-8.5% C, basis 60-64.9% Cr, max 3% Si, cif Europe edged down to $0.99-1.12 per lb Cr on Tuesday, from $1-1.13 per lb...