Chromite prices softening

Published: Monday, 02 August 2010

Prices slipping as metallurgical grade demand drops in China

Spot prices for non-metallurgical grades are softening as demand for metallurgical grade chromite has faltered in China, releasing some of the upward pressure on non-met grade pricing.

Chinese traders have put nearly all buying of chrome ore on hold as demand from the downstream stainless steel sector plummeted in Q2....

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