Traders expect upside for UG2/MG chrome market; uncertainty remains in Chinese stainless sector

UG2/MG chrome ore prices were likely to show continued upside in the short term at least, traders told Fastmarkets on the sidelines of the International Chrome Development Association Members’ Meeting in Munich, Germany, May 16-17.

Fastmarkets’ latest calculation of the chrome ore South Africa UG2/MG concentrates index, cif China, was $304 per tonne on May 16, above the previous year-to-date high of $302 per tonne...

Published

Claire Patel-Campbell

May 22, 2023

19:25 GMT

London