GLOBAL CHROME SNAPSHOT: Chinese prices bolstered by elevated tenders; UG2 market rises

May 23, 2020 / / Article Link

Key data from the pricing sessions in Asia, Europe and the United States for the session ended Friday May 22.


Domestic ferro-chrome spot prices rose on bullish sentiment after Tsingshan raised its June tender price by 500 yuan ($70) per tonne. The UG2 chrome ore price was underpinned by continuing disruptions in South Africa, with deals reported at higher prices. Market sentiment strengthened...