UTC+8 ( BJT)

WEEKLY: China chrome concs prices rebound, stocks down

ABSTRACT

Prices of imported chrome concentrates in China's spot market showed signs of rebounding last week after staying stable for three weeks, mainly in response to smelters' increasing demand for feeds and a reduction in stocks in ports, Mysteel's weekly survey showed.
As of November 23, the price of South Africa-origin 40-42% grade chrome concentrates had firmed slightly to Yuan 29.5/dmtu ($4.6/dmtu) at Tianjin port in North China, higher by a small Yuan 0.5/dmtu on week, the data shows.   "Recently, the power usage restrictions imposed earlier on domestic ferrochrome (FeCr) smelters in many

............

To read the full article take a free 7-day trial to Mysteel Global

FREE TRIAL
+65 6653 8227