Chinese stainless steel giant, Tsingshan, has raised ferro chrome tender prices for Apr’24 by RMB 500/t ($69/t) m-o-m to RMB 8,995/t ($1,250/t) DAP including taxes, with delivery scheduled before 10 May’24. The delivery price ex-Tianjin port will be lower by RMB 50/t ($7/t). Ferro chrome (HC 50%) prices in China’s spot market are currently at RMB 8,650/t ($1,202/t) ex-Tianjin.
