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European benchmark ferrochrome price for 2023 first quarter unchanged

Time:Tue, 13 Dec 2022 15:49:40 +0800

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JSE-listed Merafe Resources advises that the European benchmark ferrochrome price for the first quarter of 2023 has been settled at $149 c/lb, a rollover from the fourth quarter of this year. Merafe has a 20.5% participation through its wholly-owned subsidiary, Merafe Ferrochrome, in the earnings before interest, taxes, depreciation and amortisation of the venture in which Glencore Operations South Africa has a 79.5% participation.
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