Ferro-chrome price uptrend to continue
Posted on May 27th, 2008 by admin
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, scrap metal prices
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