GLOBAL CHROME SNAPSHOT: Rising costs, appreciating rand support UG2 market

May 26, 2021 / www.metalbulletin.com / Article Link

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


China

UG2 sellers raised their offer prices to cover higher production costs and the appreciation of the rand, while most buyers took a wait-and-see approach ahead of the announcement of June's ferro-chrome tender price. Domestic spot ferro-chrome prices ticked up, while participants' near-term outlook was less pessimistic. The domestic ferro-chrome spot market...

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