In recent two weeks, the Turkey chrome ores price kept firm. On-going strikes in South African platinum sector largely reduced the UG2 production.

This week, spot and futures price of ferrochrome kept stable temporarily in China.

Import market of ferrochrome was under much pressure from China as ferrochrome market weakened continuously in China. However, the Indian suppliers showed optimism for the future market

[Ferro-Alloys.com] In the end of May, the ferrochrome market in Europe generally kept stable although HC ferrochrome in the local slightly weakened. Ferrochrome (Cr 60-65% C6-8%) was offered at USD.../lb Cr while material with Cr60-70%,C0.1% was at USD.../lb C...

[Ferro-Alloys.com] Imported ferrochrome market was under much pressure in China as innder ferrochrome market weakened continuously. However, the Indian suppliers see up for the future market due to termination of some chrome, iron, and manganese exploitations.

[Ferro-Alloys.com] In China, the spot market of chrome ore was generally stable although demand of Turkish and Indian Cr powders had been increasing during the past few days.

At early of May, the European chromium metal price rose by USD200/mt. then it kept the firm standard of USD8800-9000/mt.

According to the market, the high carbon ferrochrome market still bore great pressure for the rising cost of the chrome ores.