August 2020

India’s bullish ferro-chrome market buoys Japanese, South Korean prices

The ongoing strong performance in India’s ferro-chrome market has been a tailwind for the Japanese and South Korean markets, with suppliers pushing up their offer prices even though these had not yet fed into confirmed business, sources told Fastmarkets.

China ferro-chrome market up again; UG2 chrome ore extends stability

The spot Chinese ferro-chrome market continued to progress on tight availability and resilient demand, while the upstream chrome ore market remained stable in the week to Tuesday August 25, sources said.

GLOBAL CHROME SNAPSHOT: Resilient demand bolsters China domestic market

Key data from the pricing sessions in Asia, Europe and the United States during the week to Tuesday August 25.

UG2 chrome ore market stabilizes as buying activity picks up

Liquidity improved in the UG2 chrome ore market in the week to Friday August 14, with current price levels enticing more buyers to be active in the forwards market, according to market participants.

GLOBAL CHROME SNAPSHOT: Asian prices fall amid lack of buying interest

Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday August 14.

IN CASE YOU MISSED IT: 5 key stories from August 10

Here are five Fastmarkets stories you might have missed on Monday August 10 that are worth another look.

PRICING NOTICE: Amendment to publication day of European, seaborne chrome prices

Fastmarkets will change the publication day of its European and seaborne price assessments, indices and indicators covering chrome ore and ferro-chrome to Tuesday, from Friday.

UG2 chrome ore price buoys for first time since June

The UG2 chrome ore market recorded a slight gain for the first time in the past two months, while a stand-off between suppliers and buyers was developing in the week to Friday August 7.

GLOBAL CHROME SNAPSHOT: UG2 chrome ore market ticks up with higher offers reported

Key data from the pricing sessions in Asia, Europe and the United States during the week ending Friday August 7.

PRICING NOTICE: Delayed publication of UG2 chrome ore index, ferro-chrome benchmark indicator

The publication of Fastmarkets’ chrome ore South Africa UG2 concentrates index basis 42%, cif China, $/tonne, and ferro-chrome lumpy Cr benchmark indicator, charge basis 52% (and high carbon), Europe, $/Ib, for Friday August 7 were delayed because of reporter error and technical problems.