Chromium prices fall due to flood of Chinese material

By Tanya Ashreena / May 31, 2018 / www.metalbulletin.com / Article Link

Chromium prices in Europe fell last week due to a flood of cheaper Chinese material coming into the market.

Metal Bulletin's weekly price assessment for in-warehouse chromium dropped to $12,700-13,500 per tonne on Friday May 25 from $13,250-13,995 per tonne in the previous session."We've got firm bids for a truck at $13,100 [per tonne] with nobody biting at $13,900 [per tonne]," a trader said. "I got a firm offer at $13,300 [per tonne] for 15 tonnes."The trader said cheaper chromium material from China was pressuring Rotterdam...

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