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.


China 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...

Published

Chris Kavanagh

Jon Stibbs

Sybil Pan

August 03, 2021

18:25 GMT

London, New York, Shanghai