Scrap Metal Prices and Scrap Metal Auctions

Due to tight supply from South Africa and strong demand, the ferro-chrome price is predicted to reach above US$4/pound in the third quarter of 2008.

The soaring costs of freight and coking coal also make the ferro-chrome producers to have the notion of buying their own ships for transport in an attempt to combat the rising freight costs to be more competitive.

Source: www.Yieh.com -  News Date 5/27/2008 report by Ellen Huang

Filed under: scrap metal prices