UG2/MG chrome ore market stabilizes in China; domestic FeCr prices edge down

The UG2/MG chrome ore market largely stabilized in China in the week to Tuesday May 17, pressing pause on the pronounced upward trend in prices seen from March onward.

Buyers of chrome ore in China have become more cautious at current levels, amid uncertainty over downstream stainless steel markets.

Spot transactions slowed in the week to Tuesday, as buyers...

Published

Claire Patel-Campbell

Siyi Liu

May 18, 2022

09:25 GMT

Shanghai, London