GLOBAL CHROME SNAPSHOT: Proposed South African chrome ore export tax galvanizes buyers

November 04, 2020 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions on Tuesday November 3 in China, Europe and the United States.


China

The UG2 chrome ore market continued to rally, backed by increased liquidity, with some consumers seeking to acquire material before South Africa's proposed chrome export tax is imposed. Other market participants preferred to sit out of the market until further information about the proposal was released. Spot ferro-chrome prices...

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