It is reported that chrome ore import market weakens lately with plenty of resources and dull transactions. And Chrome ore stockpiles amount to some 600,000 tonne at seaports.
| Grade | Destination | Price |
| Cr:50% | India | CNY 115-CNY 118 |
| Cr:42% | Turkish | CNY 110-CNY 120 |
| Cr:44% | South Africa | CNY80- CNY 82 |
Traders' offer price for imported chrome ore witnesses downtrend at the moment, but that for high grade chrome ore remains strong. Offer price for low grade chrome ore experienced a slump in earlier period and now keeps stable.
Chrome ore import market maintains sluggish at the moment as a result of the weak down stream chrome-series alloy and stainless steel market. Transaction price has declined despite the high offer prices for high-grade ore. And Mysteel predicts that imported chrome ore market would continue weakening in near future with slack transactions.
(Sourced from Mysteel.net)
