UG2/MG chrome ore prices drop back to August levels in wake of fall in latest FeCr tender price

UG2/MG chrome ore prices drifted lower on a CIF China basis in the week to Tuesday October 24, following the announcement of a decline in the latest monthly tender price for high carbon ferro-chrome.

On Tuesday, Tsingshan, a leading Chinese stainless steel mill, cut its November tender price for high carbon ferro-chrome to 8,695 yuan ($1,189) per tonne, down 300 yuan from October’s tender...

Published

Claire Patel-Campbell

Tina Tong

October 25, 2023

11:16 GMT

Shanghai, London