Foundry chromite prices strengthen
Published: Wednesday, 01 November 2017
Availability of foundry sand remains limited against high levels of demand in main importing markets, while the latest decline in UG2 prices might affect offers of chemical grade chromite.
Ongoing tightness in supply in the foundry chromite market
is supporting higher prices for the material.
"We see supply constraints in foundry, and demand is going
up," one chromite trader told IM this week. He
cited additional demand from customers looking for last-minute
shipments for the fourth quarter while others...