Chemical chromite market drops over 30% on low demand
Published: Wednesday, 10 May 2017
Months of slow trading activity have taken its toll on prices for chemical grade chromite, which have fallen over $150/tonne this month, while foundry sand remains stable.
Pricing levels for chemical grade chromite have nosedived
this past week on the back of a combination of factors
including low demand, high stocks and falling metallurgical
Following a first downward tilt in mid-April, when an
initial drop of $10-20/tonne was seen, the commodity has now
taken a sharp...