Chromite prices firm on tight supply-demand balance
Published: Tuesday, 23 June 2020
Non-metallurgical chromite markets were firm this week amid concerns regarding the stability of supply while demand remained intermittent due to weak end markets.
Both the chemical- and foundry-grade chromite markets have
been characterized by reduced inquiries and trading in June,
with industry sources warning that supply issues could limit
production for the medium term.
"Demand is down from practically all end markets;
that’s certainly a factor that has affected
business," one producer source...