UG2/MG chrome ore prices stable as market enters 'stalemate'

UG2/MG chrome ore prices remained unchanged on a CIF China basis in the week ended Tuesday May 30, with the market said to have gone into something of a holding pattern after the announcement of the latest monthly tender price for high-carbon ferro-chrome.

The June tender price, announced by major stainless steel mill Tsingshan on May 26, was up by 200 yuan per tonne to 8,995 yuan ($1,268) per tonne.

A...

Published

Claire Patel-Campbell

Tina Tong

May 31, 2023

12:45 GMT

Shanghai, London