GLOBAL CHROME SNAPSHOT: UG2, charge chrome flat in run-up to China tender, European HC Fe-Cr widens

August 25, 2021 / www.metalbulletin.com / Article Link

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday August 24, and their latest price moves.

ChinaThe UG2 chrome ore market was inactive; most participants waited for the release of September ferro-chrome tender prices from major stainless steel mills. Although ore consumption ramped up following improved power supply in Inner Mongolia, many smelters still held abundant stocks, curbing their spot demand for material at both port...

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