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Wednesday, November 8, 2017 - 11:54:25 AM
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Mining News Agency - The future prices of chrome ore concentrate and lumps are down 5-10 USD/mt, and the spot prices are down 1 RMB/dmtu in China.
Mining News - Recent market turnover is still mostly in South Africa ores, and the transaction price continued to decline. Affected by the South African department prices, other mainstream ore prices are also slightly down.
As the recent chrome ore prices went down, the iron alloy factories lack of confidence in outlook and they believe that the possibility of ferrochrome bidding prices will continue to decline. For the return of funds, some factories do not want to stored much chrome ore on hand.
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