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23 Dec 12 CHARGE CHROME INDEX: Prices hold on hopes of stronger January


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December 21, 2012 – 13:05 GMT

Location:

London

KEYWORDS:

South Africa
,
China
,
Taigang
,
ferro-chrome
,
Eskom
,
Metal Bulletin

Charge chrome import prices in China held on Friday December 21, as Chinese buyers held out for Taigang’s latest domestic price announcement and South African producers anticipated higher numbers in the near future.

Metal Bulletin’s charge chrome index, cif Shanghai rolled over at 88 cents per lb.

“As far as I know, ferro-chrome producers are not actively selling cargoes this month, as they believe the prices will continue to go up in the next month,” an importer said.

All offers came in at 87-89 cents per lb, while concluded deals were reported as…

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Euromoney Institutional Investor PLC.

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