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It’s reported that South African ferrochrome suppliers are offering 127 cents/lb for buyers in Japan for the third quarter, down by 3 cents/lb from the previous offering.

Merafe Resources, South African ferrochrome mining company has also concluded the negotiation with the major stainless steel producers in Europe for the third-quarter benchmark prices for ferrochrome.

The company’s sales of ferrochrome registered an increase of 25% in the first half.

• [Editor:Juan]