PRN: CRU Insight: Alloy Surcharges Set to Collapse

16/giu/2017 10:00:41 PR Newswire Turismo Contatta l'autore

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CRU Insight: Alloy Surcharges Set to Collapse

 
[16-June-2017]
 

LONDON, June 16, 2017 /PRNewswire/ --

A sharp drop in the European Q3 ferrochrome benchmark settlement, combined with weaker nickel prices, will act as a drag on surcharges in both the EU and US markets in the third quarter. Transaction prices in both markets will soon fall back to early-Q4 2016 levels, eroding price gains seen over the last five months.

Read the full story: http://bit.ly/Alloy-Surcharges

Read more about CRU: http://bit.ly/About_CRU

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