Chinese stainless steel major, Taiyuan Iron and Steel Corporation (TISCO), has raised ferro chrome (HC 50%) purchase prices by RMB 800/t ($107/t) m-o-m to RMB 8,300/t ($1,441/t) following an increase in the price of the material in spot market. Prices are delivered to plant and include taxes. Last date of delivery is 30 Nov.

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