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13 Jul
16:09

Tharisa sees strong stainless fundamentals supporting chrome demand

Strong stainless steel market fundamentals are expected to continue supporting metallurgical grade chrome concentrate demand, according to Cyprus-headquartered Tharisa. This comes after the firm saw an average chrome concentrate price of $193/tonne in the second quarter, down -6.3% on-quarter. Spot prices have, however, since returned to above $200/t, the firm says in a report seen by Kallanish. The firm maintains its guidance for its fiscal year through Sept…
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