Foundry chromite prices move up on higher costs

By Davide Ghilotti, Sybil Pan
Published: Friday, 11 June 2021

Spot market prices for foundry-grade chromite edged upward for the first time since March in the week to Tuesday June 8, with currency rate changes and logistics issues raising costs for producers.

Fastmarkets’ price assessments for both wet bulk material and dried and bagged foundry sand showed increases last week, following three months with prices either flat or moving downward.

The price assessment for chromite, foundry, 46% Cr2O3 min, wet bulk, fob South Africa, rose to $195-220 per tonne on June 8,...

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