Ferro-chrome prices rise in China, tracking UG2 prices higher, while alloy prices decline in Europe and the United States.
UG2 prices rise for second week running Charge chrome import prices follow ore higher Japan and South Korea markets hold ahead of further strength in China European alloy prices drop on lower benchmark anticipation US alloy prices weaken amid poor demand, high imports Charge chrome prices rose in China for the first time since June on Friday September 14, after UG2 chrome ore prices edged higher for the second consecutive week. Metal Bulletin's charge chrome index, cif Shanghai rose 2 cents to $0.83 per lb on Friday, marking its first increase since June 22. Metal Bulletin's UG2 chrome ore index, cif China rose to $159 per tonne on Friday, moving up $1. The ore market had shown signs of bottoming out during the week ending September 8 and continued to strengthen across last week. "The market has picked up since a trade was made at the start of the week...