Author: Vijay Kumar

Tender cut reflects weak demand fundamentals Drop in UG2 chrome ore prices reduces cost support China’s Tsingshan, a leading stainless steel mill, has lowered its July 2026 high-carbon ferro chrome tender price (Cr:50% basis) by RMB 200/t ($30/t) m-o-m to RMB 8,295/t ($1,224/t) DAP, including taxes. Additionally, TISCO also reduced its tender price by the…