Ferro-chrome prices are rising in China amid domestic smelters shutdowns and South African supply concerns.
Domestic ferro-chrome production shutdowns push up alloy prices in China South African charge chrome prices jump Ore prices continue to edge higher No impact from China tightness on Japan, South Korea European prices hold at 2018 high Imported ferro-chrome prices kept rising in China on Friday June 22, underpinned by domestic production cuts and insufficient power generation in South Africa. Metal Bulletin's charge chrome index, cif Shanghai stood at 99 cents per lb on Friday, up 2 cents per lb from the prior week.All ferro-chrome smelters in Ulanchabu, Inner Mongolia - the largest ferro-chrome production area in China - have halted operations due to environmental inspections, market sources told Metal Bulletin last week. "The shutdowns [in Ulanchabu] will remove around 50% of China's ferro-chrome, though reportedly that will last one week. No one is sure about it, so market participants are watching the situation there closely," a ferro-chrome producer...