Tag: South Africa: Deal concluded for December 2022 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…