ICDA 2019: Chrome ore production cuts necessary to stabilize alloy market surplus

By Davide Ghilotti
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 have reduced...

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