GLOBAL CHROME SNAPSHOT: Stainless steel production cuts weaken Chinese alloy prices

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday October 19 and their latest price moves.



China

Lower-than-expected October tender prices from major stainless steel mills and weakened demand outlook following production cuts in the stainless steel sector weighed on market sentiment. The domestic spot ferro-chrome market softened with lower offers heard in the market. The imported charge...

Published

Chris Kavanagh

Jon Stibbs

Siyi Liu

October 19, 2021

16:30 GMT

London, Shanghai, New York