The chrome ore and alloy markets in China fell in the week to Tuesday November 10 in response to lower November ferro-chrome tender prices from major Chinese stainless steelmakers, sources told Fastmarkets.
Fastmarkets' chrome ore South Africa UG2 concentrates index, basis 42%, cif China edged down by $3 per tonne or 2.2% to $136 per tonne on Tuesday, from $139 per tonne the previous week.The proposed export tax has supported the UG2 chrome ore market in recent weeks,...