GLOBAL CHROME SNAPSHOT: UG2 prices down after disappointment of alloy tender rollover

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday February 21.


China

The price of UG2 chrome ore dropped amid bids from alloy smelters as low as $130 per tonne after China’s major stainless steel mills kept their February tender prices flat month-on-month. The market had expected a rise and the rollover knocked sentiment. Spot Chinese ferro-chrome prices held steady, with some alloy smelters...

Published

Janie Davies

Chris Kavanagh

Jon Stibbs

Siyi Liu

February 21, 2020

19:07 GMT

Shanghai, London, New York