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

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November 2019 | Ferro-alloys

Prices slip on ore over-supply concerns: Ferro-chrome Highlights

The gradual building of ore stocks recently indicates a market beset by weak demand.

After a couple of months of small price increases and hopes that seasonal strength during Q4 would see this trend continue, support for chrome prices appears to have disappeared. In the key Chinese spot market, prices for both chrome ore and ferro-chrome have slipped notably in recent weeks as persistent concerns about demand weakness have more than offset some of the tightening factors seen on the supply side of the market.

The most dramatic moves have been seen in the traded prices of...


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