SLIGHT DECREASE IN FERROCHROME BENCHMARK PRICE
July 03 2018 - 8:16AM
15:15 London, 17:15 Helsinki, July 3, 2018 -
Afarak Group Plc ("Afarak" or "the Company")
SLIGHT DECREASE IN
FERROCHROME BENCHMARK PRICE
Shareholders of the Company are
advised that the European benchmark ferrochrome price has been
settled at USD138 cents per pound for the third quarter of 2018,
down 2.8% from the USD142 cents per pound in the previous quarter.
This price is however 25.5% higher than benchmark for quarter three
2017 which stood at USD110 cents per pound.
Guy Konsbruck
CEO
For additional information, please contact:
Guy Konsbruck, CEO, +356 2122
1566, guy.konsbruck@afarak.com
Jean Paul Fabri, +356 2122
1566, jp.fabri@afarak.com
Financial reports and other investor information
are available on the Company's website: www.afarak.com.
Afarak Group is a specialist alloy producer
focused on delivering sustainable growth with a Speciality Alloys
business in southern Europe and a FerroAlloys business in South
Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the
Main Market of the London Stock Exchange (AFRK).
Distribution:
NASDAQ Helsinki
London Stock Exchange
Main media
www.afarak.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Afarak Group via Globenewswire
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