China’s chrome ore and ferro-chrome markets stabilize amid mixed sentiment

The UG2/MG market was unchanged in the week ended Tuesday June 7 after adjusting downward at the end of May; spot ferro-chrome prices were also unchanged on high raw material costs and slow demand from downstream stainless steel.

Fastmarkets' latest assessment for ferro-chrome spot 6-8% C, basis 50% Cr, ddp China was 9,400-9,700 yuan ($1,409-1,454) per tonne on Tuesday June 7, stabilizing after three consecutive drops in the past...

Published

Claire Patel-Campbell

Sybil Pan

June 08, 2022

11:10 GMT

Shanghai, London