GLOBAL CHROME SNAPSHOT: Higher offer prices spark surge in China’s alloy market

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday June 22 and their latest price moves.

China Spot domestic ferro-chrome prices jumped after leading producers raised their prices late last week. Some stainless steelmakers, with strong demand thanks to the profitable market, accepted the higher offers. Imported charge chrome prices rose strongly amid bullish sentiment in the domestic market. The UG2 chrome ore market was stable due to ample availability at...

Published

Chris Kavanagh

Jon Stibbs

Siyi Liu

June 22, 2021

15:58 GMT

London, Shanghai, New York