Chrome Market Report June 2013

Generally speaking, the chrome market was largely stable despite ferrochrome prices moved up marginally in June caused by several major stainless steel plants resuming to normal purchase volume. In June, chrome ore market kept stable with slow demand for South African chrome ore, while demand for high quality lumpy chrome ore are still higher than others.Asian Metal Copyright Due to almost no change in Chinese ferrochrome market, chrome ore market is likely to continue keeping stable in July.Asian Metal Copyright Due to almost no change in Chinese ferrochrome market, chrome ore market is likely to continue keeping stable in July.Asian Metal Copyright Due to almost no change in Chinese ferrochrome market, chrome ore market is likely to continue keeping stable in July.Asian Metal Copyright However, most participants are worried about the money drought in Chinese banks and with the coming slack season in July, chrome market would continue to keep quiet with possible price drop.