Fastmarkets’ weekly calculation of its chrome ore South Africa UG2/MG concentrates index, cif China was $283 per tonne on Tuesday, up from $281 per tonne on January 9. The index had held at $281 since December 19, 2023.
Shareholders of the Company are advised that the European benchmark ferrochrome price for the first quarter of 2024 has been settled at 144 US cents per pound, a decrease of 5.9% from the fourth quarter of 2023.