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

Prices for foundry and chemical grade chromite have been slow to respond to the boom so far this year in the metallurgical market

From January 2023, Fastmarkets proposes to no longer roll over its price assessments for minor metals, ores, alloys or industrial minerals when these are scheduled to be made on days that fall on public holidays in the country in which the price is assessed, or in which a price is based.

The ferro-chrome market is facing growing pressure to decarbonize from downstream, with the need to cut carbon emissions becoming increasingly accepted among producers, traders and consumers

In the closing session of this year’s International Ferroalloys, which was held virtually November 9-11, Fleur Ritzema, global minors, ores and alloys editor at Fastmarkets, and Fastmarkets' analysts Amy Bennett and Robert Cartman summed up the key market drivers for the rest of 2020 and beyond.