GLOBAL CHROME SNAPSHOT: Bearish sentiment in China, Europe, US, South Korea; ores, alloys imports fall in China

摘要

Key data for the pricing session for the week ending November 16.- Domestic ferro-chrome spot prices held stable this week on thin trading activity.- The UG2 chrome ore index continued to soften amid few deals, while some players held off from buying on expectations that the price will dip further.- The imported charge chrome market was lackluster, while buyers showed little interest in restocking amid the falling market sentiment.- Chrome-ore port inventories dropped to 2.86 million tonnes from 2.96 million tonnes last week.