Shrinking seller margins could slow down chromite price falls
Published: Thursday, 03 October 2019
The weak metallurgical chrome and chrome alloys market could reduce non-met chromite sellers’ room for maneuvre on the elasticity of non-met prices.
Chromite prices have been stable over the past couple of
weeks, with market participants arguing that the bearishness
that has taken hold of the entire chrome and alloys sector
could be affecting the ability of sellers to push prices
Foundry grade chromite prices have just about halved