Met chrome ore rally supports sentiment in chromite

By Davide Ghilotti
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...

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