GLOBAL CHROME SNAPSHOT: UG2 chrome ore market tightens in wake of alloy surge
An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday August 3 and their latest price moves.
UG2 chrome ore prices rose following the surge in downstream ferro-chrome prices in recent weeks. Turkish lumpy ore prices also increased on high freight costs from Turkey to China.
Domestic spot ferro-chrome prices adjusted downward after buyer interest weakened in the wake of soaring prices last week.
The imported charge chrome market continued to...
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