Ferrochrome prices around the world

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Whatever happening is happening quite contrary to normal understanding it seems. At best a post-facto analysis is possible. Global growth is better in 2018, SS is projected to grow at 5%, production costs in ore & FeCr have risen, but the prices have started behaving like it was in May/June/July and Nov/Dec of 2017. There should be a method to this. Except for the SS growth, which was similar last year, all of the aforementioned parameters are new now. If we try to reason out the existence of a couple of cycles within a year, price movements in 2016 do… Read more »