May 2023

UG2/MG chrome ore prices stable as market enters 'stalemate'

UG2/MG chrome ore prices remained unchanged on a CIF China basis in the week ended Tuesday May 30, with the market said to have gone into something of a holding pattern after the announcement of the latest monthly tender price for high-carbon ferro-chrome.

UG2/MG chrome ore prices hold steady; high carbon FeCr prices fall further in Europe

An overview of the chrome ore and alloy markets and their latest price moves globally in the period up to Tuesday May 30.

Tsingshan raises June ferro-chrome tender price by $28 per tonne

Leading Chinese stainless steel producer Tsingshan raised its tender price for June-delivery, high-carbon ferro-chrome by 200 yuan per tonne to 8,995 yuan ($1,269) per tonne on Thursday May 25.

UG2/MG chrome ore rally slows; Chinese market awaits next ferro-chrome tender price

The rally in UG2/MG chrome ore prices slowed during the week to Tuesday May 23, with Chinese buyers holding back on the expectation of an increase in port inventories and as they awaited the release of the June-delivery ferro-chrome tender price, sources told Fastmarkets.

UG2/MG chrome ore price rally slows; ferro-chrome demand wanes in Europe

An overview of the chrome ore and alloy markets and their latest price moves globally in the period to Tuesday May 23.

Traders expect upside for UG2/MG chrome market; uncertainty remains in Chinese stainless sector

UG2/MG chrome ore prices were likely to show continued upside in the short term at least, traders told Fastmarkets on the sidelines of the International Chrome Development Association Members’ Meeting in Munich, Germany, May 16-17.

Chrome ore prices to China stronger on extremely low port inventories

Prices of chrome ore in both concentrate and lumpy form, delivered to China, edged upward in the week ended Tuesday May 16, driven strongly by extremely low inventories at Chinese ports.

UG2/MG chrome ore prices edge up further on extremely tight supply; buyer reluctance emerges

An overview of the chrome ore and alloy markets and their latest price moves globally in the period to Tuesday May 16.

UG2/MG chrome ore prices up sharply in China on low port stocks, high stainless output expectations

UG2/MG chrome ore prices rose sharply on a CIF China basis in the week to Tuesday May 9, with support from low inventories at Chinese ports, alongside reports of planned increases in the country’s stainless steel output during May.

UG2/MG chrome ore prices spike while port stocks drop

An overview of the chrome ore and alloy markets and their latest price moves globally in the period up to Tuesday May 9.