Domestic chrome ore inventory continued to decline

SHANGHAI, May 26 (SMM) — Chrome ore inventory across Chinese ports totalled 3.68 million mt last week, down 93,000 mt or 2.5% from a week earlier. Inventory at Tianjin port was 2.3 million mt, a decrease of 6.5% from the prior week, and inventory at Qinzhou port was 958,000 mt, an increase of 11.4%. Inventories at Lianyungang port, Shanghai port and Chongqing port stood at 85,000 mt, 58,000 mt and 230,000 mt, respectively.