24.10.2008, 15:55 3141

Prices in world market of ferrochrome decreased

Prices in the world market of ferrochrome decreased. According to the latest information Metalindex.ru, average spot prices of low-carbon and high-carbon ferrochrome in the European market and on low-carbon ferrochrome in the USA for the last month decreased.

Almaty. October 24. Kazakhstan Today - Prices in the world market of ferrochrome decreased. According to the latest information Metalindex.ru, average spot prices of low-carbon and high-carbon ferrochrome in the European market and on low-carbon ferrochrome in the USA for the last month decreased.

According to the Ferrobank, European prices on ferrochrome decreased due to influence of manufacturers of steel being cautious of the problems in economy and in connection with falling of prices for chromic ore.

The analysts of consulting company Sogra forecast decrease of prices on chromic ore till 2015 that is connected with temporary decrease of demand for this metal. However, decreasing trend in 2014 - 2015 can be replaced by increasing that will remain as such till 2025.

This information may not be reproduced without reference to Kazakhstan Today

Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed