Met chrome ore rally supports sentiment in chromite
Published: Wednesday, 03 February 2021
Firming sentiment across the chrome supply chain supported prices for chemical- and foundry-grade chromite this past week despite limited overall liquidity.
The rally in metallurgical chrome ore prices since January
has affected the perception of market conditions and
availability of non-metallurgical chromite, which was already
the case this past month.
Fastmarkets assessed the price of chromite, chemical, 46%
Cr2O3 min, wet bulk, fob South Africa at $190-210 per
tonne on Tuesday...