Chrome ore producers look to China to ‘save the world’

January 2, 2009 · Print This Article

Chrome ore prices could stage a modest recovery in the next four to six weeks on a sudden increase in enquiries from China, market participants told MB. “I am more confident about next year than I was a few weeks ago: it looks like China will save the world,” a producer source said. Enquiries from Chinese consumers and traders have picked up this week, taking ore producers…

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