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Fastmarkets’ weekly calculation of its chrome ore South Africa UG2/MG concentrates index, cif China was $283 per tonne on Tuesday, up from $281 per tonne on January 9. The index had held at $281 since December 19, 2023.

Research firm BMI has revised downward its nickel price forecast for this year to $20 000/t from $20 600/t as the market remains in a supply glut.

Nickel prices reached their lowest point in over two and a half years on Thursday due to persistent worries about oversupply putting pressure on the market.

Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, say local buyers, after an investigation into mining quotas disrupted production of the metal used in stainless steel and batteries.

Noble Alloys Market Weekly（07 Aug-11 Aug）Vanadium Market Price Kept Stability, Moly Mine High Offer Released and Ferromoly Price Increasing Sharply, Tungsten Long Market Price Kept Iecreasing Slightly

Noble Alloys Market Weekly（07 Aug-11 Aug）Vanadium Market Price Kept Stability, Moly Mine High Offer Released and Ferromoly Price Increasing Sharply, Tungsten Long Market Price Kept Iecreasing Slightly

Noble Alloys Market Weekly（07 Aug-11 Aug）Vanadium Market Price Kept Stability, Moly Mine High Offer Released and Ferromoly Price Increasing Sharply, Tungsten Long Market Price Kept Iecreasing Slightly

The fluctuating trend of chrome ore prices in the Indian market is an absolutely concerning matter due to its escalating demand for various industrial applications. Chrome ore is an essential component in the manufacturing of various grade ferrochrome- a highl...