ICDA 2019: ‘Rationalization’ in foundry-grade chromite supply likely, delegates say
Published: Monday, 11 November 2019
Persistent price weakness could lead to a rationalization in the supply of foundry-grade chromite in the near term, with the most exposed or high-cost producers exiting the market, delegates at a chromium conference said.
Some producers of foundry-grade chromite could be forced to
close because of the downward trend in prices, attendees said
at the ICDA Chromium 2019 conference on November 5-7 in New
Prices have lost half of their value since the start of the
year. Fastmarkets assessed the price of...