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Chrome ore prices rise again as traders stock up
July 04, 2014 - 14:46 GMT
steel-making raw materials
South African UG2 chrome ore prices rose again on Friday July 4 as traders built positions in anticipation of protracted tight supply.
Material traded at $185-190 per tonne, cif Chinese main
ports, up $5 at the low end of the trading range since June 27.
Prices have been rising since March, due to the five-month
strike in South Africa's platinum industry, which yields UG2 as
a byproduct. The strike was called...
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Euromoney Institutional Investor PLC.
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