Chrome Market Report August 2013
2013-09-17 09:24:41 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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The Chinese chrome market remained stable in August with thin trading volume, despite stainless steel mills decreasing purchasing prices for high carbon ferrochrome. As many participants expected, the market bottomed out in late August with chrome ore prices increased marginally, while purchasing prices for high carbon ferrochrome to be delivered in September kept unchanged compared with those seen in August.
With increasing volume of imported high carbon ferrochrome and large production to put into operation in fourth quarter, Chinese ferrochrome prices are expected to be placed under severe negative pressure.
