GLOBAL CHROME WRAP: Charge chrome, UG2 chrome ore prices rise in tight market, imminent South African winter

By Janie Davies / May 28, 2018 / www.metalbulletin.com / Article Link

South Africa's more expensive winter power tariff is likely to push chrome prices higher in China's already tight market.

Charge chrome prices keep rising on tighter supplyChrome ore prices follow charge chrome higherChinese domestic alloy prices pause as market awaits June tendersAlloy prices tick up in EuropeAlloy prices hold in Japan, South Korea and United States  South African chrome ore and charge chrome prices continued rising in China on Friday May 25, on tight alloy supply in China and anticipated price hikes from South African producers in early June. Metal Bulletin's charge chrome index, cif Shanghai, rose for the third consecutive week, up 2 cents at 90 cents per lb. "The Chinese market is still short so charge chrome needs to continue...

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