HC FeCr being quoted at $1.30- Yildirim

Etikrom’s Robert Yildirim called the market right on chrome. Last week he sold Russian high-carbon ferrochrome to a Chinese specialty steel mill at $1.25 per lb and is now quoting $1.30.
He is boldly predicting a $1.50 price before the end of 2016, saying he is logistically booked through the end of the year.
Etikrom has started to ship its ferrochrome from European warehouses to China.
Etikrom is making a minimum 20c net in increased earning.
Yildirim also said his chrome ore prices are over $400 per mt.

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