Chromite buyers braced for first quarter prices rises

Published: Tuesday, 07 December 2010

Volatile rand makes South African prices difficult to predict for non-met chromite

Non-metallurgical chromite prices are set to rise for the next quarter, but the volatility of the South African rand is making negotiations difficult.

A new pricing picture should become clearer in the next two to three weeks, chomite market sources told IM.

Initially suppliers were looking for a $30/tonne hike...

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