GLOBAL CHROME SNAPSHOT: Strong demand drives price rises in Asia, Europe

Key data from the pricing sessions in Asia, Europe and the United States in the week to Tuesday June 8.

China Recent power cuts in Inner Mongolia and Guangxi provinces limited the availability of domestic ferro-chrome and supported the spot market. The spot market strength domestically and in other parts of Asia spurred positivity in the imported charge chrome market, although liquidity issues remained. A stalemate continued between buyers and major sellers in the UG2 chrome ore market, meanwhile, with little desire...

Published

Chris Kavanagh

Jon Stibbs

Siyi Liu

June 08, 2021

18:58 GMT

London, Shanghai, New York