Aperam steps up to settle ferrochrome benchmark

Mar 27, 2013 | 11:10 AM | Janie Davies

Tags  Aperam, Glencore International, Xstrata, Outokumpu, ferrochrome, ThyssenKrupp, Janie Davies

HONG KONG — Ferrochrome suppliers and stainless steel producer Aperam SA have set the second-quarter European benchmark price in the first round of talks since usual negotiator Inoxum Group was acquired by Finnish producer Outokumpu Oyj.

The benchmark ferrochrome price is negotiated every quarter through discussions between Xstrata Plc—along with marketing partner Glencore International Plc—and a leading European stainless steel mill. ....

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