Author: Rudra
-
China: Ferro chrome prices remain weakly stable amid supply pressure
• Prices remain largely stable w-o-w across grades • Weak steel demand and rising supply expectations weigh on sentiment High-carbon ferro chrome (Cr:50%, C:6-8%) prices in China edged down w-o-w to RMB 8,390-8,800/t ($1,235–1,295/t) from RMB 8,490–8,900/t ($1,250–1,310/t). Medium-carbon (Cr:60%, C:1%) prices remained unchanged at RMB 13,300–13,500/t ($1,958–1,987/t), while low-carbon (Cr:60%, C:0.1%) prices eased slightly…