PRICING NOTICE: Metal Bulletin’s UG2 chrome ore price specification

Metal Bulletin is proposing changes to the specification for its UG2 chrome ore price specification

PRICING NOTICE: Metal Bulletin’s UG2 chrome ore price specification

Metal Bulletin is proposing tightening the specification for its UG2 chrome ore price specification.

The existing specification is as follows: SA UG2 met grade basis 40%

The new proposal is as follows:

Description: South African UG2 chrome ore concs
Price: $ per tonne, cif main Chinese ports
Cr2O3: 42% basis, 40% min
SiO2: 6% max
Al2O3: 18% max
MgO: 15% max
P: 0.01% max
S: 0.01% max
Cr:Fe ratio: 1.2:1 min
Form: Sizing up to 1mm (95% min)
Packaging: Bulk (Container deals normalised to bulk prices)
Lot size and tolerance: 5,000 tonnes min
Payment terms: Payment at sight
Assessment: On Fridays by Metal Bulletin’s London office, except when that office is closed for public holidays. Such times will be notified well in advance
Publication: Between 2pm and 3pm London time on Fridays

If you have any questions or comments to make on the amendment of this specification, please email Janie Davies at jdavies@metalbulletin.com by September 30.

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