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    chromium investing

    Chromium Market Update (September 12, 2012)

    Investing News Network
    Sep. 12, 2012 03:55AM PST
    Industrial Metals

    A brief overview of chromium price developments, supply and demand and significant market movers.

    Ferrochrome (HC basis Cr 60 percent) delivered in Europe fell slightly in September from its August average and was trading between $1.02 and $1.05 a pound on September 11, according to data from Metal-Pages. In the United States, it was trading at $1.05 a pound, also down from its average August price. Prices in Europe and the US have dropped from May levels, when the metal plateaued at around $1.25 a pound in Europe and $1.20 a pound in the US.

    Chinese ferrochrome (HC basis Cr 50 percent) prices were between $1,120 and $1,144 a tonne on September 11, below their August average of $1,163 to 1,182 yuan a tonne.

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