GLOBAL CHROME SNAPSHOT: UG2 prices continue rally as FeCr producers restock

Key data from the pricing sessions in Asia, Europe and the United States for the session ending Friday May 29.


China

UG2 chrome ore prices rose for a fourth consecutive week - deals at higher prices were reported, reflecting attempts to restock among ferro-chrome producers with low on-hand inventories. Domestic spot ferro-chrome prices stabilized - sentiment further strengthened after Taiyuan Iron & Steel and Baosteel both raised their tender prices by 500 yuan to 6,200...

Published

Chris Kavanagh

Declan Conway

Davide Ghilotti

Siyi Liu

May 29, 2020

19:18 GMT

Shanghai, Galway, London, New York