Key data from Fastmarkets’ pricing sessions on Tuesday November 3 in China, Europe and the United States. - The UG2 chrome ore market continued to rally, backed by increased liquidity, with some consumers seeking to acquire material before South Africa’s proposed chrome export tax is imposed. - Other market participants preferred to sit out of the market until further information about the proposal was released. - Spot ferro-chrome prices were largely on hold, with weakened sentiment after domestic stainless steel prices dipped over the preceding week.
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