[Ferro-Alloys.com]Chrome ore spot prices and futures prices continued to rise, even though tender prices of high-carbon ferrochrome dipped again following July.
[Ferro-Alloys.com]China's high-carbon ferrochrome prices mixed when tender prices from steel mill fell and chrome ore prices kept surging, and some producers raised their prices;
[Ferro-Alloys.com]Some high-carbon ferrochrome producers lowered their prices after August saw a decline in the tender prices, however, some producers increased their prices due to the previous surge in chrome ore prices and the tight supply.
[Ferro-Alloys.com]Chrome ore prices remain high, which makes the chrome ore traders extremely cautous, and in the mean time, chrome ore stock in China's ports remains record low.
[Ferro-Alloys.com]Due to the high chrome ore prices, China's ferrochrome prices remain stable despite the fact that stainless steel mills cut their tender prices in August. In the meantime, some producers cut their prices.
[Ferro-Alloys.com]China's chrome ore stock in its ports continued to decline, breaking down 1 million tonnes. Meanwhile, chrome ore prices remain strong despite the fall in ferrochrome tender prices.