Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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September 2017 | Ferro-alloys


First indications of market pullback emerge: Ferro-chrome Highlights


Most sentiment in China with regards to the outlook for Q4 and beyond appears to surround the upcoming National Congress during mid-October.

On the face of it, comparing prices as of writing with those published in last month’s tracker, it appears as though the upward trend in global chrome markets has continued with force over the past few weeks. Chrome ore prices are up by a further $45/tonne and $30/tonne, on South African UG2 and Turkish lumpy ore imported into China, respectively. Meanwhile, imported ferro-chrome into China is now priced at around $1.07/lb Cr contained, up by $0.15/lb since our previous tracker.

But behind...

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