[Ferro-Alloys.com]Spot prices and futures prices of chrome ores remained strong. South Africa concentrate 40-42% at RMB32-33/mtu,

[Ferro-Alloys.com]China's ferrochrome market remained stable with balanced supply and demand. However, the chrome ore prices continued to rise, which would pull up the ferrochrome in the coming weeks. China's imported ferrochrome created history high in July,

[Ferro-Alloys.com]Impoted chrome ore prices and China's port chrome ore prices surged despite the stock increased. Spot price of Iranian origin chrome ore lumpy 40-42% is RMB47-48/mtu,

[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]Chrome ore spot prices and futures prices continued to rise, even though tender prices of high-carbon ferrochrome dipped again following July.

In a word, EMM supplies tight in market, merchants couldn’t buy spot goods, so producers continue to raise the price. EMM price may keep stable even continue to go up until the end of this month.

[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 remained strong when the chrome ore stock in China's port rebounded, surging to around 1.1 million tonnes.