UG2/MG chrome ore prices steady, supported by low stocks

UG2/MG chrome ore prices remained flat in the week to Tuesday September 12 in a quieter spot market, but confidence in elevated prices persisted because Chinese port inventories are declining and ferro-chrome production rates remain high.

Fastmarkets’ weekly calculation of its chrome ore South Africa UG2/MG concentrates index, cif China was $302 per tonne on Tuesday, unchanged week on week.

And although fewer deals were...


Claire Patel-Campbell

Tina Tong

September 13, 2023

12:37 GMT

Shanghai, London