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Quarterly Contract Price of LC FeCr Is US Cents 194 -196/lb Also in Oct-Dec
=Price remains at same range in 4 consecutive quarters=
The price of low-carbon ferro-chrome for the period from October to December in 2013 Japanese stainless steel mills negotiated with overseas ferroalloy producers has been settled at US Cents 194 - 196 per lb. Resultingly, the price has remained at the same range in the 4 consecutive quarters.

Although the consumption by Japanese customers during the period from October to March next year is expected to be kept at a good level, the negotiation resulted in keeping the price at the same level as before.

For a reference, once the spot price of low-carbon ferro-chrome rose in July, it has lately dropped to the same level as the regular price (= quarterly contract price), and some of prices are at a low level which is below this time's regular price level.
last modified : Thu 03 Oct, 2013 [15:57]
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