UG2/MG chrome ore prices stable as latest Chinese FeCr tender comes in below expectations

UG2/MG chrome ore prices were unchanged in the week ended Tuesday August 29 following five weeks of consecutive increases, when some of the heat came out of the market after the latest announcement of ferro-chrome tender prices, market sources have suggested.

On August 28, Chinese stainless steel giant Tsingshan announced its tender price for September-delivery high-carbon ferro-chrome at 8,995 yuan ($1,233) per tonne. This was up by 300 yuan per tonne...


Claire Patel-Campbell

Tina Tong

August 30, 2023

13:15 GMT

Shanghai, London