China's chrome supply soars in August on high imports, local production

China’s chrome supply surged in August amid high imports of chrome ore and ferro-chrome while local smelters stepped up their production of the latter, mainly to meet high demand from the country’s stainless steel sector, sources said.

It imported 1.64 million tonnes of chrome ore in August, down by 2% from July shipments but up by 42% year on year, according to Chinese customs data released on...