Chinese stainless steel giant Tsingshan has hiked its ferro chrome tender prices by RMB 800/t ($110/t) m-o-m for Nov’22. The current price for 50% Cr material stands at RMB 8,495/t ($1,163/t) on delivered to plant basis including taxes, with delivery latest by 10 November. Delivery price ex-Tianjin port will be lower by RMB 150/t ($21/t). The current price of ferro chrome (HC-50%) is RMB 8,650/t ($1,116/t) ex-Tianjin.
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