China’s chrome ore market rises on downstream revival

Chinese participants showed increased buying appetite for seaborne chrome ore in the week to Tuesday January 18, thanks to price uptrends in the downstream ferro-chrome and stainless steel markets and amid ongoing coronavirus-related disruptions at the Port of Tianjin - home of the country’s largest stockpile of chrome ore.

Fastmarkets’ chrome ore South Africa UG2/MG concentrates index, cif China, stood at $174 per tonne on Tuesday, up by $3 per tonne (or 1.75%) from $171 per tonne a week...

Published

Siyi Liu

January 19, 2022

13:26 GMT

Shanghai