South Africa: Deal concluded for Dec’22 shipment of chrome ore at $220/dmtu

A major chrome ore miner finalised a transaction for 40-42% concentrates with a chrome/ferro ratio of 1.3 on 10 November. The deal for the shipment in December 2022 to the Tianjin port was concluded for $220 per dry metric tonne (dmtu). The price was $25 less per dry metric tonne than the previous arrangement for 10,000 tonnes. The buyer is an investor, sources informed. 


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