Research

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

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October 2019 | Ferro-alloys


Markets slowly improving as seasonally-strong Q4 gets underway: Ferro-chrome Highlights


Most stable at present are the markets for chrome ore, where prices remain at just over $150/tonne for South African UG2 ore and at around $205/tonne for Turkish lumpy ore. These values are more-or-less unchanged since early August, having previously been in decline throughout Q2.

Global chrome markets, often volatile in their pricing movements, continued to enjoy stability over the past month. The underlying trend, however, is upwards, with some marginal price increases seen in most markets over recent weeks. We expect that markets will continue to trend higher in this incremental way during the final weeks of 2019 given that Q4 is a typically strong period for chrome pricing.

Most stable at present are the markets for chrome ore, where prices remain at just over $150/tonne for South African UG2 ore and at around $205/tonne for Turkish lumpy ore. These values...

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