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Investor Relations

AFARAK GROUP: DECREASE IN Q1 EUROPEAN FERROCHROME BENCHMARK

By December 15, 2017 September 14th, 2020 No Comments

Shareholders of the Company are advised that the European benchmark ferrochrome price has been settled at 118USc per pound, for the first quarter of 2018. This decrease from the 139USc per pound price in the fourth quarter of 2017 was in line with the communicated market sentiment. This price is also lower than the exceptionally high price registered during quarter one 2017.

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