NOTICE TO THE MARKET Reference price HC FeCr 3Q/2014
FERBASA reports that the reference price of High-Carbon Ferrochrome (Europe Benchmarking) reduced to U$c 119/lbCr for the 3rd quarter of 2014. This price, which came into effect on
July 1st, represents a reduction of 2.5% versus prior quarter, and it
will serve as a basis for negotiation with our clients.
Salvador, July 30th, 2014.
Geraldo de Oliveira Lopes
Investor Relations Officer
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