GLOBAL CHROME SNAPSHOT: Domestic Chinese prices strengthen on supply tightness, high transport costs

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Tuesday December 22.


China

Spot ferro-chrome prices were propelled higher by bullish sentiment, breaking five weeks of stability. Supply tightness, increased coke prices and transport costs all weighed on the market, while downstream demand remained stable. The imported charge chrome market also found support from tighter domestic supplies, with prices moving up for a second week despite a lack of spot activity...

Published

Chris Kavanagh

Declan Conway

Davide Ghilotti

Siyi Liu

December 22, 2020

20:47 GMT

Galway, New York, London, Shanghai