China: TISCO reduces ferro chrome tender prices by RMB 150/t ($21/t)

China’s Taiyuan Iron and Steel Corporation (TISCO) reduced its Nov’24 ferro chrome tender prices by RMB 150/t ($21/t) m-o-m to RMB 7,945/t ($1,116/t) DAP, including taxes, with delivery scheduled by 5 Dec’24. The price cut is attributed to weak demand in the stainless steel and ferro chrome markets.


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