Tag: Chinese Chrome Ore Prices
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China: Chrome Ore Spot Prices rises in line with Chinese Yuan Depreciation
The spot price of mainstream chrome lumpy increased by USD 0.14/MT this week, due to the impact of the RMB depreciation against the US dollar. Hence, the spot price of chrome ore increased, and alloy plant found the price of spot ore even firmer with low-cost resources hard to be sourced, which made them have…