Chrome Market Report November 2011
2011-12-13 15:02:09 【Print】
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Due to the weak demand from end users, chrome market remains on the downtrend in November. With the decreasing purchasing price from consumers, ferrochrome smelters have limited profits. It is difficult for those Chinese chrome ore traders to sell materials, so they have little intention of importing more materials. With the coming Chinese Spring Festival, some chrome ore traders who are in urgent need of cash have to lower their offers, so it is not optimistic towards the chrome market in the near future.
