Chrome Market Report November 2012
2012-12-18 14:41:40 【Print】
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Due to continuous price decrease of high carbon ferrochrome from major consumers, Chinese chrome market keeps going down and becomes stable at low prices
. However, with the increasing electrical prices in dry season and firm offers of chrome ore, Chinese major consumers increase their purchasing prices of high carbon ferrochrome slightly for December in late November, Chinese ferrochrome market ended the price increase for several months but the markup is limited . Meanwhile, Chinese chrome ore market rebounded accordingly and demand from consumers gets better, but most buyers could not accept chrome ore offers with thin orders . Demand for lumpy chrome ore with good quality is much better than concentrate chrome ore in oversupply .