CHARGE CHROME INDEX: Prices jump as mill seeks material in tight market

Charge chrome prices jumped in China on Friday April 15 on tight supply and reports that a major mill has purchased insufficient material for its steel-making needs.

Metal Bulletin’s charge chrome index (50% Cr), cif Shanghai, jumped 3 cents to 60 cents per lb, a three-month high. It is the third consecutive week in which prices have risen. “A major mill is desperate for material,” one...

Published

Janie Davies

April 15, 2016

14:39 GMT

London