Imminent strike action at South Africa’s leading charge chrome and chrome ore producer Samancor could have a massive impact on global ferro-chrome production, with the company holding a 30% share of the worldwide market
UG2/MG chrome ore prices experienced major declines in the week to Tuesday July 12, dropping by $15 per tonne week on week, as the market saw the beginnings of a break in the continuing stalemate of recent weeks
The European charge and high-carbon ferro-chrome benchmark for the third quarter of 2022 has slumped by 16.7% from the previous quarter’s settlement to $1.80 per lb
Like many other commodities, ferro-chrome prices in Europe reacted swiftly and sharply to the Russian invasion of Ukraine and have continued to do so for several weeks
Ferro-chrome high carbon 6-8.5% C, basis 60-70% Cr, max 1.5% Si, delivered Europe, $/lb Cr
Ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe, $/lb Cr
Ferro-chrome low carbon 0.05%C, 65% Cr min, in-whs Pittsburgh, $/lb
Ferro-chrome low carbon 0.05%C, 65% Cr min, in-whs Pittsburgh, US cents/lb
Ferro-chrome low carbon 0.15%C, 60% Cr min, in-whs Pittsburgh, $/lb
Ferro-chrome high carbon 57-65% Cr, cif dup South Korea, $/Ib
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