Chrome prices seen up on rising input costs, demand

Newswire

LONDON, June 22 (Reuters) - European chrome metal prices are set for continued quarterly increases in 2005 as rising raw material costs and strong demand cemented the market around seven-year highs this week, dealers said. Chrome prices have advanced strongly this year, up to $6,800-$7,100 a tonne from $5,000 late last year against firm demand for super alloys in aerospace engines, land-based turbines and power generators. "The super alloys sector is buoyant and with rising raw material ...

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