GLOBAL CHROME SNAPSHOT: Higher Chinese FeCr tenders boost alloy, UG2 ore markets

An overview of the chrome ore and alloy markets on Tuesday March 2 and their latest price moves.


China

UG2 chrome ore prices increased with buyers willing to accept higher prices after China’s leading stainless steel producers - Taiyuan Iron & Steel (Tisco), Tsingshan Group and Baosteel - raised their high-carbon ferro-chrome tender prices for March delivery by 700 yuan ($108) per tonne. The domestic spot...

Published

Chris Kavanagh

Jon Stibbs

Siyi Liu

March 02, 2021

19:42 GMT

London, Shanghai, New York