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

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January 2019 | Steel Raw Materials

Bearish stainless market sentiment to limit rebound in chrome ore and alloy prices: Ferro-alloy Market Analysis

European and US high-carbon ferro-chrome spot prices have also remained unmoved on the back of weak market fundamentals.

Chrome ore and alloy markets started 2019 on a weaker note with developments indicating a downward trend to continue in the short term. General stabilisation seen across global chrome ore and alloy prices since past few weeks, owing to limited trading activity, has been the major culprit behind the sluggishness. South African ore remained priced at $155 per tonne cif China, as seen in August 2018, while Turkish ore prices are now understood to be available at around $220 per tonne cfr China, down by $125 per tonne from the highs seen during early 2018. Although prices have...


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