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25 Mar
08:37

Second-quarter ferrochrome benchmark price grows: Merafe

South Africa-listed mining company Merafe Resources Ltd (MRL) has advised its stakeholders that the European benchmark ferrochrome price for the second quarter has increased 5.6% to $1.52/lb, from $1.44/lb in Q1, notes Kallanish. The average European ferrochrome benchmark price was $1.562/lb in 2023, which represents a decrease of 14.5% from 2022. MRL saw attributable ferrochrome sales at its South African joint venture with Glencore inch down 7% on-year in 2023 …
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