An overview of the chrome ore and alloy markets and their latest price moves. China - The UG2 chrome ore price fell again after Tsingshan’s lower December ferro-chrome tender price dampened market sentiment. Buyers made aggressive bids amid high port inventories and a bearish market outlook. - Domestic spot ferro-chrome prices remain unchanged amid sparse trading. Tight availability and power restrictions in Inner Mongolia helped maintain the current price level. - The tender price fall weakened sentiment in the charge chrome market, however, Chinese and South African currency movements as well as tight supply helped keep the market balanced.
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