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

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November 2019 | Steel Raw Materials

Markets slowly improving as seasonally-strong Q4 gets underway: Ferro-alloy Market Analysis

Recent months have brought developments that suggest a strengthening of producers' bargaining power in due course.

Global chrome markets, often volatile in their pricing movements, continued to enjoy stability over the past month. The underlying trend, however, is upward, 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 the fourth quarter is a typically strong period for chrome pricing. Most stable at present are the markets for chrome ore, where prices remain at around $140-150 per tonne for South African UG2 ore and at around $195-205 per tonne for...


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