Ferro-chrome and chrome ore prices in China were unmoved in a week of low liquidity.
Ferro-chrome, chrome ore prices in China stable Japanese, South Korean ferro-chrome prices drop High- and low-carbon ferro-chrome prices dip in Europe US high-carbon ferro-chrome price tumblesTrades indicated the price for imported UG2 chrome ore imported into China were stable in the week ended Friday December 14, although some buyers anticipated the market would soften.Fastmarkets' UG2 chrome ore index, cif China, stood at $156 per tonne on December 14, unchanged from a week ago.Liquidity was low in comparison to the prior week, when many Chinese ferro-alloy smelters had been stocking up for the end of the year.Many sellers had also lowered their offer prices in the week ended December 7 to encourage sales ahead of the upcoming Christmas break, and prices were held at the same level this past week.But some Chinese ferro-alloy producers held off from buying last week in anticipation that chrome ore prices would soften further due...