ICDA 2019: Chrome ore production cuts necessary to stabilize alloy market surplus
Published: Wednesday, 13 November 2019
The high availability of low-cost chrome ore allows Chinese ferro-alloys smelters to reduce their prices, adding further pressure to the market for imported ferro-chrome.
A cutback in chrome ore production is needed to rebalance
the surplus affecting the ferro-chrome supply chain, delegates
claimed at this week’s ICDA Chromium 2019
conference in New Delhi, India.
Following prolonged weakness in the metallurgical chrome ore
and ferro-chrome markets this year, a number of participants