GLOBAL CHROME SNAPSHOT: UG2 prices continue rally as FeCr producers restock

May 30, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia, Europe and the United States for the session ending Friday May 29.


China

UG2 chrome ore prices rose for a fourth consecutive week - deals at higher prices were reported, reflecting attempts to restock among ferro-chrome producers with low on-hand inventories. Domestic spot ferro-chrome prices stabilized - sentiment further strengthened after Taiyuan Iron & Steel and Baosteel both raised their tender prices by 500 yuan to 6,200...

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