Chrome Market Report May 2011

In May, chrome ore market is on the downward trend and many manufacturers are affected by the power supply limitation.Asian Metal Copyright Meanwhile, steel mills’ the price release delay of high carbon ferrochrome to be delivered in June makes participants chaotic and lose their confidence, so ferrochrome prices keep going down and many producers have to decrease or suspend their production.Asian Metal Copyright Meanwhile, steel mills’ the price release delay of high carbon ferrochrome to be delivered in June makes participants chaotic and lose their confidence, so ferrochrome prices keep going down and many producers have to decrease or suspend their production.Asian Metal Copyright Asian Metal believed that in June, chrome ore market would continue to run at low price levels and there is possibility for some suppliers to undersell their stocks due to cash flow.Asian Metal Copyright In addition, large quantities of chrome ore are stocked in Chinese main ports and many buyers have little interest in importing chrome ore anymore, so chrome ore market is decreasing.Asian Metal Copyright Asian Metal believed that in June, chrome ore market would continue to run at low price levels and there is possibility for some suppliers to undersell their stocks due to cash flow.Asian Metal Copyright Asian Metal believed that in June, chrome ore market would continue to run at low price levels and there is possibility for some suppliers to undersell their stocks due to cash flow.Asian Metal Copyright Meanwhile, steel mills’ the price release delay of high carbon ferrochrome to be delivered in June makes participants chaotic and lose their confidence, so ferrochrome prices keep going down and many producers have to decrease or suspend their production.Asian Metal Copyright