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The prices for chrome ore lumps increased slightly

Time:Mon, 08 Jan 2024 10:47:25 +0800

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At the beginning of the week, the high carbon ferrochrome market remains stable in China, with prices ranging from 8,600 to 8,800 yuan/ton. Although many factories are still willing to raise prices, there are not any high price transactions. The bidding price increase space for steel mills is limited, which suppressed the positive development of the market. There is still room for more positive stimulus in the future. 

The chrome ore futures prices have increased by 5-10 USD/ton for chrome ore lumps. The price of Turkey chrome ore 40-42% lumps is 325-335 USD/ton, up 10 USD/ton. The price of Albania and Pakistan chrome ore lumps also increased slightly.

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