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Ferrochrome prices increase 430

Ferrochrome prices could rise sharply this year because of higher electricity costs in top producer South Africa and increased buying by stainless steel mills as demand recovers. The global economic downturn saw demand crash for ferrochrome, used in stainless steel to prevent corrosion. But as financial packages to stimulate economic growth feed through, a rise [...]

 

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Syndicated From: Stainless Steel Me