Author: Rudra
-
China: Ferro chrome prices remain stable w-o-w amid weak demand
Elevated chrome ore prices offer cost support Ample inventories with mills limits trading Chinese high-carbon ferro chrome (Cr 50%, C 6-8%) prices remained stable w-o-w at RMB 8,490-8,900/t ($1,245-1,304/t), Medium-carbon (Cr 60%, C 1%) prices were unchanged at RMB 13,300-13,500/t ($1,949-1,978/t), while low-carbon (Cr 60%, C 0.1%) prices also held steady at RMB 14,000-14,300/t ($2,051-2,095/t),…