MYSTEEL: China's FeCr prices still bullish on robust chrome ore

Prices of high-carbon ferrochrome (HC FeCr) in China's domestic spot markets have remained strong recently, with the upward trend poised to continue in the near term on the back of buoyant raw material prices and robust demand, Mysteel Global notes.

Quotes for seaborne chrome concentrates imported from South Africa have maintained upward momentum recently. The near-term outlook for chrome ore market also remains sanguine given the high domestic production of HC FeCr, according to an industry insider based in Wuxi. "Consequently, this is expected to provide firm support to