MRF catching a bid at 115 bucks after sitting underwater for months, but the underlying ferrochrome spreads…by @mining_maven_sa on $MRF

MRF catching a bid at 115 bucks after sitting underwater for months, but the underlying ferrochrome spreads remain pressured given Chinese overcapacity flooding the market. That 1.77% pop is noise until we see spot FeCr prices stabilise above the 6000 level and Merafe demonstrate