GLOBAL CHROME SNAPSHOT: Renewed buyer interest supports UG2 market

Key data from the pricing sessions in Asia, Europe and the United States over the week to Tuesday May 11.


China

The UG2 market ticked up amid bullishness downstream. Buyer interest returned while producers faced elevated production costs after the South African rand appreciated against the US dollar.      Spot domestic ferro-chrome prices fell amid muted demand, while some suppliers reportedly trimmed their offers to encourage sales. Prices in the...

Published

Chris Kavanagh

Jon Stibbs

Siyi Liu

May 11, 2021

16:28 GMT

London, Shanghai, New York