Foundry grade chromite breaks above five-month price range, chemical grade follows
Published: Wednesday, 20 January 2021
Fastmarkets’ assessment price for wet bulk foundry grade chromite moved up after five months of stability amid improving market sentiment in the week to Tuesday January 19, while the chemical grade market also gained against the end of last year.
Market prices for both foundry sand and chemical grade
chromite ticked up in as a result of a fast-rising
metallurgical chrome ore market and a combination of other
factors affecting market dynamics.
Fastmarkets assessed the price for chromite, foundry, 46%
Cr2O3 min, wet bulk, fob South Africa at $200-220 per...