China’s Tsingshan has kept its ferro chrome tender prices stable m-o-m at RMB 6,995/t ($960/t) DAP, including taxes for Mar’25. This remains below the Chinese spot market price (Cr:50%) of RMB 7,350/t ($1,009/t) ex-Inner Mongolia. Sources attribute stable prices to weak stainless steel demand amid ample inventories, preventing any upward movement.
Leave a Reply