Foundry chromite prices strengthen

By Davide Ghilotti
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...

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