UG2/MG chrome ore prices hold steady as participants take 'wait-and-see' approach

UG2/MG chrome ore prices remained stable on a CIF China basis in the week to Tuesday June 6, with a small number of transactions reported, amid bearish sentiment and a “wait-and-see” attitude among both buyers and sellers.

Fastmarkets calculated its weekly chrome ore South Africa UG2/MG concentrates index, cif China at $305 per tonne on Tuesday, unchanged from May 30.

“We haven’t quoted our ore to...

Published

Claire Patel-Campbell

Tina Tong

June 07, 2023

11:39 GMT

Shanghai, London