S. Africa chrome supply contracts down 5¢/pound for fourth quarter

Oct 14, 2005 | 08:05 AM | Daniel Magnowski

Some fourth-quarter contracts for the supply of charge chrome to stainless steel mills from South African producers have been settled at 67 to 69 cents per pound, down 5 cents from the third quarter, according to unconfirmed reports.

"Some are done at 5 (cents) down, but some are still fighting," one market source said. "But I think this will be the final number. I don't think it will be undercut."....

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