Monday, April 16, 2007

Japan Q2 ferro-chrome at record high of 90 cents

(Reuters) - The term price for ferro-chrome to Japan for April-June rose by 8.4 percent to a record high of 90 cents a pound from the previous quarter due to tight supply conditions, a Japanese company official said on Monday.

The official at Nippon Steel & Sumikin Stainless Steel Corp. (NSSC) said the price was agreed between Samancor Chrome and several other South African miners.


Read more at Reuters Africa

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