Indications of easing FeCr supply weigh on China's chrome prices

Chrome alloy prices declined over the week to Tuesday April 6 in response to market expectations that tight ferro-chrome supply in China would ease, sources said.

Following signs of easing available supply in the domestic market, major stainless steel mills all lowered their ferro-chrome prices for April-delivery.
As a result, Fastmarkets' ferro-chrome contract 6-8% C, basis 50% Cr, ddp China fell by 350-355 yuan ($53.44-54.20) per tonne to 8,350-8,545 yuan per tonne on Tuesday, down 4% from 8,700-8,900 yuan per tonne the previous week.
A sharper drop was recorded in the spot market after suppliers further cut their offer prices to lock in the current profit margin, sources said.

Fastmarkets' ferro-chrome spot 6-8% C, basis 50% Cr, ddp China dropped by 400 yuan per tonne to 8,000-8,300 yuan per tonne on Tuesday, down by 4.68%...

Thor Explorations continues to lead TSXV global gold producers

Gold stocks rise with juniors outperforming majors

Gold Becomes Largest Metals Market

Gold stocks surge on metal gain, Amex boosts Perron resource

Global trade tensions ease and inflation continues to decline