Chrome Market Report November 2012

Due to continuous price decrease of high carbon ferrochrome from major consumers, Chinese chrome market keeps going down and becomes stable at low prices.Asian Metal CopyrightDue to continuous price decrease of high carbon ferrochrome from major consumers, Chinese chrome market keeps going down and becomes stable at low prices.Asian Metal Copyright However, with the increasing electrical prices in dry season and firm offers of chrome ore, Chinese major consumers increase their purchasing prices of high carbon ferrochrome slightly for December in late November, Chinese ferrochrome market ended the price increase for several months but the markup is limited.Asian Metal CopyrightDue to continuous price decrease of high carbon ferrochrome from major consumers, Chinese chrome market keeps going down and becomes stable at low prices.Asian Metal Copyright Meanwhile, Chinese chrome ore market rebounded accordingly and demand from consumers gets better, but most buyers could not accept chrome ore offers with thin orders.Asian Metal Copyright Meanwhile, Chinese chrome ore market rebounded accordingly and demand from consumers gets better, but most buyers could not accept chrome ore offers with thin orders.Asian Metal Copyright Demand for lumpy chrome ore with good quality is much better than concentrate chrome ore in oversupply.Asian Metal Copyright However, with the increasing electrical prices in dry season and firm offers of chrome ore, Chinese major consumers increase their purchasing prices of high carbon ferrochrome slightly for December in late November, Chinese ferrochrome market ended the price increase for several months but the markup is limited.Asian Metal Copyright