Chinese chrome ore import market weakens

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.