GLOBAL FERRO-CHROME SNAPSHOT: UG2 prices tick up amid extended SA lockdown

摘要

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday April 17. ? The UG2 chrome ore market rose again on increased buying interest and bullish sentiment following South Africa’s lockdown extension, and an expectation of a slow restart to mining operations. ? The spot domestic ferro-chrome prices remained stable, the market was expecting major stainless steel mills to increase their tender prices for May deliveries due to chrome ore supply interruptions. ? The imported charge chrome market ticked upward on improved sentiment from both sides of the market and higher bids.