The chrome ore market has recently maintained a high level

The chrome ore market has recently maintained a high level of operation in the spot chrome ore market. Overseas mines have a mentality of raising prices. Due to the basic completion of initial inventory preparation, the market people take a wait-and-see attitude, and transactions are light. At the same time, downstream ferrochrome factories generally have a cautious attitude towards purchasing high-price chrome ore. Recently, downstream tradable chrome ore inventories have remained low, and it is expected that chrome ore prices will operate steadily in the short term. The ferrochrome market is weak at present and the price of high carbon ferrochrome is down 50 yuan/mt in China.