Chinese stainless steel major, Taiyuan Iron and Steel Corporation (TISCO), has finalised the bidding price of ferro chrome (LC 55%) for Dec’22 delivery at RMB 13,550/t ($1,890/t), down by 200 yuan m-o-m. Meanwhile, the prices of ferro chrome (LC-55%) in the spot market are at RMB 13,850/t ($ 1931/t) Ex-Shanxi. Prices are delivered to plant and include taxes.
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